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Author Question: The graph shows the demand curve (D), the supply curve (S), and the marginal cost curve (MC) for a ... (Read 701 times)

tspaw0811

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on: Nov 23, 2022
The graph shows the demand curve (D), the supply curve (S), and the marginal cost curve (MC) for a firm that is a monopsony in the labor market.
 
Assume that P1=$95, P2=$191, P3=$248, Q1=17, Q2=45, Q3=90. How many workers does the monopsony hire and what wage does it pay?
After the government imposes a minimum wage of $191, employment ________ (increases/decreases) by ________.
◦ 17, $248, decreases, 45
◦ 17, $95, increases, 28
◦ 45, $191, increases, 45
◦ 45, $191, decreases, 28
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by tspaw0811 on Nov 23, 2022

marufp

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Reply #1 on: Nov 23, 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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tspaw0811

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

shewald78

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

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