onsider the graph below. low much has the monopsonist wage changed when we compare it to the competitive market wage? MFC for Firm Wage ($) SLabor MRP for Firm ~ D, Quantity of Labor () The monopsonist wage has increased by WE - W b.) The monopsonist wage has decreased by Wy $) The monopsonist wage has decreased by WE - WM () The monopsonist wags has increased or WAR Chapter 14-17. doc A sophia environ