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Labour demand faced by a monopsony firm is W = 40,000 - 100 l , where W is the annual wage salary and L is

Labour demand faced by a monopsony firm is W = 40,000 - 100l, where W is the annual wage salary and L is the number of workers employed. Labour supply is W = 10,000 + 100l. What is the firm's marginal expenditure?

a.

W=20,000 + 100l

b.

W= 80,000 - 100l

c.

W=10,000 + 200l

d.

W=40,000 - 200l

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