Given the Same Demand and Cost Functions,which of the Following

Multiple Choice

Given the same demand and cost functions,which of the following is true of a monopsony input market as compared to a competitive input market?

A) The employment of inputs is lower in a monopsony market
B) The employment of inputs is the same in both markets.
C) The price paid for inputs is higher in a monopsony market.
D) The price paid for inputs is the same in both markets.