Multiple Choice
Two employers,A and B,pay the same wage but Employer A faces a more inelastic supply curve of labor than Employer B.Both firms are monopsonies but have similar outputs and technologies.Other things being the same,then in the long run
A) Employer A will employ less capital than Employer B.
B) Employer A will employ more capital than Employer B.
C) Both employers will employ the same amount of capital.
D) Both firms, in the long run, will pay a wage equal to their marginal revenue product.
Correct Answer:

Verified
Correct Answer:
Verified
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