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image VMP = value of marginal product, N = employment, and W = wage. The number of vacancies that exists for the monopsonist is: a
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VMP value of marginal product, N employment, and W wage. The number of vacancies that exists for the monopsonist is:
a
Given by the distance WCWM
b
Given by the distance NMNC
c
Given by distance SMWM
d
Given by the distance VMSM
e
Zero
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