When Compared to a Monopsony Labour Market with the Same

Multiple Choice

When compared to a monopsony labour market with the same value of marginal product curve and labour supply curve,a perfectly competitive labour market will pay a

A) lower wage and employ fewer workers.
B) lower wage and employ more workers.
C) higher wage and employ fewer workers.
D) higher wage and employ more workers.
E) higher wage and employ the same amount of workers.