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Assume the EFG Mining Company hires 80% of the nonunion labor force in a small town in New Mexico. Also, suppose that this labor force

Assume the EFG Mining Company hires 80% of the nonunion labor force in a small town in New Mexico. Also, suppose that this labor force is highly immobile. Economists would describe the EFG Mining Company as a: Group of answer choices bilateral monopolist. monopolist. exclusive union. monopsonist

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