Bridge Coal Company Is the Only Employer in a Remote

Multiple Choice

Bridge Coal Company is the only employer in a remote and mountainous region of the country, so the firm is the monopsony buyer of labor in the market. If the local population declines and there are fewer qualified coal miners available, which one of the curves used to determine the monopsony outcome in this market shifts?

A) MV curve
B) AE curve
C) ME curve
D) Both the ME and AE curves