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If an industrial union is formed to bargain with a monopsonistic employer, then in this labor market A . employment will increase. B . employment

If an industrial union is formed to bargain with a monopsonistic employer, then in this labor market

.

employment will increase.

.

employment will decrease.

.

the resulting wage rate will always be above the competitive level.

.

the resulting wage rate may be either higher or lower than the competitive wage rate.

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