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Exhibit 27-3 ​

Question 89

Multiple Choice

Exhibit 27-3
​
Exhibit 27-3 ​ -Refer to Exhibit 27-3. In the absence of collective bargaining, if the profit-maximizing monopsonist were to pay workers what their services were worth to it, it would pay A) W<sub>1</sub>. B) W<sub>2</sub>. C) W<sub>3</sub>. D) some wage rate between W<sub>2</sub> and W<sub>3</sub>.
-Refer to Exhibit 27-3. In the absence of collective bargaining, if the profit-maximizing monopsonist were to pay workers what their services were worth to it, it would pay


A) W1.
B) W2.
C) W3.
D) some wage rate between W2 and W3.

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