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Author Question: A monopsonist will always pay labour a wage rate below labour's marginal revenue product. (Read 78 times)

penguins

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on: May 25, 2020

Question 1

Monopsony is a market with only one seller.
◦ true
◦ false

Question 2

A monopsonist will always pay labour a wage rate below labour's marginal revenue product.
◦ true
◦ false
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by penguins on May 25, 2020

Sierray

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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penguins

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

dantucker

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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