Why does the monopsonists MWC curve lie above the market labor supply curve? Isnt this a disadvantage

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Why does the monopsonist’s MWC curve lie above the market labor supply curve? Isn’t this a disadvantage to the monopsonist?

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Contemporary Labor Economics

ISBN: 9780073375953

9th Edition

Authors: Campbell McConnell, Stanley Brue, David Macpherson

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Question Posted: Sep 27, 2024 07:00 AM

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Why does the monopsonists MWC curve lie above the market labor supply curve? Isnt this a disadvantage to the monopsonist?
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Why does the monopsonists MWC curve lie above the market labor supply curve? Isnt this a disadvantage

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Contemporary Labor Economics

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