A monopsonist is a: A seller of Sony electronics One of only a few buyers of labor (resource) A single seller of labor (resource) Single buyer of labor (resource) Marginal Revenue Product represents: A firms demand curve for labor k'-. .. ___ None of the other answers presented describes Marginal Revenue Product The additional revenue the sale of one more unit of gigging; creates A firms supply curve for labor MFC is the acronym (stands for): Marginal factory output Marginal factory creation Marginal factor cost Marginal factor creation A firm that hires labor in a monopsony labor market determines the quantity of labor to hire where: MFC = Supply MC = MR MFC = MRPI MFC = MC