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Suppose instead that TheBoss is a perfectly discriminating monopsony. Compare the outcomes with the minimum wage of $120 and without the minimum wage in Smalltown.
Suppose instead that TheBoss is a perfectly discriminating monopsony. Compare the outcomes with the minimum wage of $120 and without the minimum wage in Smalltown. Group of answer choices (D) The same number of people are employed with and without the minimum wage (C) Deadweight loss is greater when there is a minimum wage relative to no minimum wage (A) Fewer people are employed when there is a minimum wage relative to when there is no minimum wage (B) and (C) (B) More people are employed when there is a minimum wage relative to when there is no minimum wage (A) and (C)
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