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    Economics Study Set 10
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    Exam 27: Wages Unions and Labor
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    Exhibit 27-10 ​
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Exhibit 27-10 ​

Question 41

Question 41

Multiple Choice

Exhibit 27-10
​
Exhibit 27-10 ​    -Refer to Exhibit 27-10. If the firm in the exhibit is a monopsony, then the curve represented by the number 1 is its A) factor supply curve. B) marginal factor cost curve. C) marginal revenue product curve. D) marginal cost curve. E) average fixed cost curve.
-Refer to Exhibit 27-10. If the firm in the exhibit is a monopsony, then the curve represented by the number 1 is its


A) factor supply curve.
B) marginal factor cost curve.
C) marginal revenue product curve.
D) marginal cost curve.
E) average fixed cost curve.

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