Multiple Choice
If a monopsonist discovers that the MLC is $6 and the MRP is $3, she should
A) hire more workers and pay them more
B) hire fewer workers and pay them more
C) hire more workers and pay them less
D) hire fewer workers and pay them less
E) keep hiring the same number of workers at the current wage
Correct Answer:
Verified
Correct Answer:
Verified
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