Which of the following is most likely to happen when a union bargains with a monopsonist employer for increased wages beyond a point where MS and MRP intersect?
A) Employer will incur unviable labor costs.
B) Employer will be forced to layoff employees.
C) Employer will be able to expand employment.
D) Employer will be able to increase profits substantially.

Question

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The Answer of Which of the following is most likely to happen when a union bargains with a monopsonist employer for increased wages beyond a point where MS and MRP intersect?
A) Employer will incur unviable labor costs.
B) Employer will be forced to layoff employees.
C) Employer will be able to expand employment.
D) Employer will be able to increase profits substantially.

Which of the Following Is Most Likely to Happen When