For a Monopsonistic Hirer of Labor the Gap Between Labor's

Multiple Choice

For a monopsonistic hirer of labor the gap between labor's marginal value product and its wage rate will be greater

A) the more elastic the supply curve for labor.
B) the more inelastic the supply curve for labor.
C) the more elastic the firm's demand for labor.
D) the more inelastic the firm's demand for labor.