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1. After the athletes are unionized, what will likely happen to their wages? Up, down or stay the same? 2. Does a monopsonist hire more,

1. After the athletes are unionized, what will likely happen to their wages? Up, down or stay the same?

2. Does a monopsonist hire more, fewer or the same quantity of labor as a competitive labor market?

Does a monopsonist pay more, less or the same wage rate as a competitive labor market?

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