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Author Question: Suppose a wage-setting union enters a monopsonistic labour market. In this case, the union can cause (Read 80 times)

M1ch3a

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on: Oct 12, 2022
Suppose a wage-setting union enters a monopsonistic labour market. In this case, the union can cause
◦ both wages and employment to rise over the monopsonistic level.
◦ wages to rise to what would have been the competitive level but no higher.
◦ the level of non-wage benefits to rise but cannot affect either wages or employment.
◦ wages or employment to rise above the level set by the monopsonist, but not both.
◦ wages to rise above the level set by the monopsonist, but only if it allows employment to fall below the level set by the monopsonist.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by M1ch3a on Oct 12, 2022

wangyichun

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Reply #1 on: Oct 12, 2022
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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M1ch3a

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

ebonylittles

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

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