ome | MyPCC X D2L Quizzes - EC-201-10027 - Prin X online.pcc.edu/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=413109&isprv=&drc=0&qi=813629&cfql=0&dnb=0&fromQB=0 Final Exam Time Limit: 1:50:00 Time Left:1:39:00 Eva ONDONGO NGALA: Attempt 1 O Question 23 (1 point) Monopsony power of firms means that firms can pay lower wages to workers. O True False Question 24 (1 point) The social costs include private costs of production that a producer incurs and the external costs of pollution that pass on to society. True False Question 25 (1 point) A monopolist faces the market demand curve because it is the only firm in the market. True False