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Exhibit 27-3 ​

Question 80

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Exhibit 27-3
​
Exhibit 27-3 ​ -Refer to Exhibit 27-3. Consider the monopsony setting. In the absence of collective bargaining, what wage rate does the profit-maximizing monopsonist pay? A) W<sub>1</sub> B) W<sub>2</sub> C) W<sub>3</sub> D) none of the above
-Refer to Exhibit 27-3. Consider the monopsony setting. In the absence of collective bargaining, what wage rate does the profit-maximizing monopsonist pay?


A) W1
B) W2
C) W3
D) none of the above

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