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A Monopsonist Facing Many Suppliers of Labor Will Employ

Question 8

Multiple Choice

A monopsonist facing many suppliers of labor will employ:


A) fewer workers than a firm operating in a perfectly competitive labor market.
B) the same number of workers as a firm operating in a perfectly competitive labor market.
C) more workers than a firm operating in a perfectly competitive labor market.
D) an indeterminate number of workers.

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