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For questions 11-13, consult the figure below that reflects a labor market for nurses with a monopsonistic employer (e.g., a hospital) MLC or MFC curve

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For questions 11-13, consult the figure below that reflects a labor market for nurses with a monopsonistic employer (e.g., a hospital) MLC or MFC curve 130 S or ALC 100 90 D 100 115 120 11. (2 pts) How many nurses are hired? 12. (2 pts) What wage are the nurses paid? 13. (2 pts) Quantify the labor market shortage

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