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If an imperfectly competitive market is heavily influenced by a monopsony, what effect does it have on wages and the labor market? choose 1 The
If an imperfectly competitive market is heavily influenced by a monopsony, what effect does it have on wages and the labor market? choose 1 The monopsony will pay lower wages than in a competitive market. The monopsony will pay the market going wage rate like in a competitive market. The monopsony will pay higher wages than in a competitive market. The monopsony will pay the same wages than in a competitive market but hire more workers
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