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    Business
  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 16: Wages and Employment: Monopsony and Labor Unions
  5. Question
    A Union Can Always Get the Wage Rate It Demands
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A Union Can Always Get the Wage Rate It Demands

Question 22

Question 22

True/False

A union can always get the wage rate it demands from a monopsonist, but not from a perfectly competitive employer.

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