[Answered] For a monopsony, the marginal cost of labor is ________ the wage rate. A) greater than B) less ...

This topic contains a solution. Click here to go to the answer

Author Question: For a monopsony, the marginal cost of labor is ________ the wage rate. A) greater than B) less ... (Read 48 times)

fagboi

Hero Member
Posts: 535

on: Jun 29, 2018

For a monopsony, the marginal cost of labor is ________ the wage rate.

A) greater than
B) less than
C) equal to
D) first greater than and later less than

Question 2

Free riding is possible if the good is nonexcludable.

Indicate whether the statement is true or false

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

missalyssa26

Sr. Member
Posts: 327

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

TRUE

fagboi

Member
Posts: 535

Reply 2 on: Jun 29, 2018

Thanks for the timely response, appreciate it

dantucker

Member
Posts: 346

Reply 3 on: Yesterday

Gracias!

« previous next »

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.