The employment of teaching assistants (The), can be characterized as a monopsony. Suppose that the demand for TAs is given by: W=60,000-100Q, where W is the wage (annual salary) and Q is the number of TAs hired. The supply of TAs is given by: W=2000+50Q and the marginal expenditure curve is given by: ME=2000+100Q. If the University faces an innite supply of TAs at the annual wage of USD 20,000, how many TAs will it hire? 0 300 o 400 o 250 O 500 Compared to a competitive market, a monopsonist will pay: 0 a higher price and purchase more 0 a lower price and purchase more 0 a higher price and purchase less 0 a lower price and purchase less The demand for a agribusiness monoposonist is P=40-0.25Q, the average expenditure is: AE=0.5Q and the marginal expenditure is: ME=Q, where the quantity is in thousand units. The monopsonist will purchase how many thousand units? 028 032 024 034 The demand for a agribusiness monoposonist is P=40-0.25Q, the average expenditure is: AE=0.5Q and the marginal expenditure is: ME=Q, where the quantity is in thousand units. The monopsonist will charge what price? 018 024 016 020