If firms have monopsony power in the labor market, an increase in the legal minimum wage _____.

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If firms have monopsony power in the labor market, an increase in the legal minimum wage _____. Group of answer choices will always decrease employment may increase, decrease, or leave unchanged employment will always increase employment will never increase employment

Posted Date: Jun 19, 2024 11:20 PM

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If firms have monopsony power in the labor market, an increase in the legal minimum wage _____.

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