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    Exam 18: Markets for Factors of Production
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    In Comparison to an Employer in a Competitive Labor Market
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In Comparison to an Employer in a Competitive Labor Market

Question 259

Question 259

Multiple Choice

In comparison to an employer in a competitive labor market, a monopsony employer hires ________ workers and produces ________ output.


A) fewer; less
B) fewer; more
C) more; less
D) more; more

Correct Answer:

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