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PLEASE ANSWER THE FOLLOWING QUESTION I WILL RATE YOU Compare between MRP of labour (Demand for labour) in competitive market and in monopoly market (Notes:

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PLEASE ANSWER THE FOLLOWING QUESTION I WILL RATE YOU

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Compare between MRP of labour (Demand for labour) in competitive market and in monopoly market (Notes: You are required to show that the monopolist's demand for labour depends on price elasticity of demand) (13 marks)

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