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The Amazon warehouse in Bessemer, Alabama wields a lot of power in the local labor market. Assume this warehou behaves as a monopsonist with a
The Amazon warehouse in Bessemer, Alabama wields a lot of power in the local labor market. Assume this warehou behaves as a monopsonist with a labor supply curve of w (LS) = 5LS and a labor demand curve of w (LD) = 36.7-2LD. Suppose the Amazon workers form a union and are able to leverage their collective power to force Amazon to pay the competitive wag Based on these market curves, what wage would Amazon have to pay? OA. 15.30 OB. 34.95 OC. 43.68 O D. 18.94 OE. 26.21
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