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Author Question: A profit-maximizing monopsonist in a labour market will continue to hire labour until the (Read 153 times)

Hunchojack2019!!

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on: Oct 12, 2022
A profit-maximizing monopsonist in a labour market will continue to hire labour until the
◦ hourly wage of the labour is equated with its average cost.
◦ marginal product of labour is maximized.
◦ hourly wage of the labour is equated with its marginal cost.
◦ marginal cost of labour equals its average revenue.
◦ marginal revenue product of labour equals its marginal cost.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Hunchojack2019!! on Oct 12, 2022

GoldenBrown

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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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Hunchojack2019!!

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

abro1885

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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