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Suppose the demand faced by a labor monopsony is W= 40,000 - 100l, where W is the annual wage and L is the number ofworkers
Suppose the demand faced by a labor monopsony is W= 40,000 - 100l, where W is the annual wage and L is the number ofworkers hired. The labor supply is given by W= 10,000 100l. The monopsonist would hire workers. O 200 O100 O 300 O 400
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Price theory and applications
Authors: Steven E landsburg
8th edition
538746459, 1133008321, 780538746458, 9781133008323, 978-0538746458
