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For a Monopsonist,the Labor Supply Curve Is Upward Sloping Because

Question 80

Multiple Choice

For a monopsonist,the labor supply curve is upward sloping because


A) the monopsonist must compete with other industries for that labor.
B) the monopsonist requires that the laborers are highly skilled.
C) the monopsonist is the only buyer in that labor market.
D) the monopsonist restricts the supply of labor.

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