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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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