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Use the Following Figure to Answer the Question

Question 44

Multiple Choice

Use the following figure to answer the question : Figure 16-2 :shows the marginal cost [MC],average cost [AC],and demand [D] curves for a monopsonist in the labor market.
Use the following figure  to answer the question : Figure 16-2 :shows the marginal cost [MC],average cost [AC],and demand [D] curves for a monopsonist in the labor market.   -Refer to Figure 16-2.When the monopsonist is in equilibrium,the level of labor employed is _____. A) A B) B C) C D) D
-Refer to Figure 16-2.When the monopsonist is in equilibrium,the level of labor employed is _____.


A) A
B) B
C) C
D) D

Correct Answer:

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