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When compared to a purely competitive labor market, a monopsonistic labor market will: Group of answer choices pay a lower wage and hire fewer workers.
When compared to a purely competitive labor market, a monopsonistic labor market will: Group of answer choices pay a lower wage and hire fewer workers. pay a higher wage and hire more workers. pay a lower wage but hire more workers. pay a higher wage but hire fewer workers
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Economics
Authors: John Sloman, Alison Wride
7th edition
978-027372130, 273721305, 978-0273721307
