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If a Union and the Monopsonist in Figure 17

Question 29

Multiple Choice

If a union and the monopsonist in Figure 17.3.2 agree to bargaining,the outcome is an hourly wage rate

A) of $14.
B) between $11 and $14.
C) between $11 and $17.
D) between $14 and $17.
E) of $17.

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