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Unless counterbalanced in some way, such as by a minimum wage or by an employee union, the effect of the large monopsony employer on workers'

Unless counterbalanced in some way, such as by a minimum wage or by an employee union, the effect of the large monopsony employer on workers' wages would typically be that wages paid to employees will be Group of answer choices more than their marginal revenue product (MRP) value exactly equal to their marginal revenue product (MRP)value less than their marginal revenue product (MRP)value

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