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Author Question: In a bilateral monopoly, the wage rate is likely to be ________ than the value of marginal product ... (Read 36 times)

kodithompson

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on: Jun 29, 2018
In a bilateral monopoly, the wage rate is likely to be ________ than the value of marginal product of labor and ________ than in a pure monopsony.
 
  A) lower; lower
  B) lower; higher
  C) higher; lower
  D) higher; higher

Question 2

In the figure above, a single-price unregulated monopoly sets a price equal to
 
  A) a.
  B) b.
  C) c.
  D) d.


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cuttiesgirl16

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


kodithompson

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Jsherida

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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