This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: For a monopsonist that faces an upward-sloping labour supply curve, the marginal cost of labour ... (Read 94 times)

najmarocks25

  • Full Member
  • ***
  • Posts: 149
on: Oct 12, 2022
For a monopsonist that faces an upward-sloping labour supply curve, the marginal cost of labour curve will be ________ the labour supply curve because ________.
◦ the same as; the marginal cost of labour equals the average cost of labour
◦ below; the extra labour supplied is less capable than previous units of labour supplied
◦ above; the average wage exceeds the marginal wage when the average wage is rising
◦ below; the increased wage necessary to attract an extra worker is paid to that worker alone
◦ above; the increased wage necessary to attract an extra worker must be paid to everyone already employed
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by najmarocks25 on Oct 12, 2022

ludadtpb

  • Full Member
  • ***
  • Posts: 175
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.
Answer Preview
Only 49% of students answer this correctly


najmarocks25

  • Member
  • Posts: 149
Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Upward transport of water in xylem. Upward transport of water in xylem.
The titration curve of acetic acid The titration curve of acetic acid
Multiple faces Multiple faces
Chimerical Faces Chimerical Faces
The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve. The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve.
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Virtual Tour of the Heart

For a complete list of videos, visit our video library