Suppose again that the formerly competing firms form an employers' association that hires labor as a monopsonist would. This will cause: multiple choice 1 convergence of the marginal resource cost and the supply curve, which will result in more workers hired at a higher wage rate. convergence of the marginal revenue product and the supply curve, which will result in fewer workers hired at a higher wage rate. divergence of the marginal revenue product and the supply curve, which will result in more workers hired at a lower wage rate. divergence of the marginal resource cost and the supply curve, which will result in fewer workers hired at a lower wage rate. Hospital administrators sometimes complain about a "shortage" of nurses. This shortage is the result of: multiple choice 2 low wages that occur in the competitive market and could be eliminated if nurses earn wages closer to their MRC. higher wages that occur in the competitive market and could be eliminated if nurses earn wages closer to their MRC. higher wages that occur in the monopsonized market and could be eliminated if nurses earn wages closer to their MRP. low wages that occur in the monopsonized market and could