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$21 MFC 18 15 Wage Rate 12 9+ MRP 6 20 40 60 80 100 120 140 Quantity of Workers Assuming there is no collective
$21 MFC 18 15 Wage Rate 12 9+ MRP 6 20 40 60 80 100 120 140 Quantity of Workers Assuming there is no collective bargaining agreement, this monopsony will employ 60 workers @ True O FalseQUESTION 30 Assuming that there is no collective bargaining agreement, the wage rate will be $18 True False QUESTION 31 If the workers form a union and negotiate a wage of $15, the quantity of workers employed will be about 50, True False
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