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    Exam 16: The Markets for Labor, Capital, and Land
  5. Question
    Where Monopsony Exists,____ Workers Will Be Hired at ____ Wages
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Where Monopsony Exists,____ Workers Will Be Hired at ____ Wages

Question 22

Question 22

Multiple Choice

Where monopsony exists,____ workers will be hired at ____ wages than if perfect competition prevailed in a labor market.


A) fewer; lower
B) fewer; higher
C) more; lower
D) more: higher

Correct Answer:

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