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    Exam 18: Markets for Factors of Production
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    A Minimum Wage Might Increase Employment by a Monopsony If
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A Minimum Wage Might Increase Employment by a Monopsony If

Question 74

Question 74

Multiple Choice

A minimum wage might increase employment by a monopsony if it makes the supply of labor curve to that firm


A) steeper, that is, makes supply more elastic.
B) steeper, that is, makes supply less elastic.
C) flatter, that is, makes supply more elastic.
D) flatter, that is, makes supply less elastic.

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