Use the Figure Below to Answer the Following Questions

question 63

Multiple Choice

Use the figure below to answer the following questions.

Figure 18.3.1
-Refer to Figure 18.3.1.This figure shows the value of marginal product of labour curve,the labour supply curve,and the marginal cost of labour curve.If this labour market is controlled by a monopsony,then the monopsonist hires

• A)zero hours.
• B)50 hours.
• C)75 hours.
• D)100 hours.
• E)greater than 100 hours.

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Definitions:

Discomfort

A feeling of physical or emotional unease or discomfort, often leading to avoidance behavior or a desire for change.

Affiliation

The relationship or connection one has with a group, organization, or institution, often indicating a sense of belonging or mutual association.

Expectancy

The belief or anticipation that something will happen in the future, often influencing behavior towards achieving it.

Instrumentality

In motivation theory, the perceived relationship between performance and the attainment of certain outcomes, meaning one's belief that performing at a certain level will lead to desired rewards.