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-(Exhibit: Minimum Wage and Monopsony) If a $30 Minimum Wage

question 80

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  -(Exhibit: Minimum Wage and Monopsony)  If a $30 minimum wage is imposed, the monopsony firm in the exhibit would maximize profits by hiring _______ units of labor per period. A)  L<sub>1 </sub> B)  L<sub>2 </sub> C)  L<sub>3 </sub> D)  none of the above
-(Exhibit: Minimum Wage and Monopsony) If a $30 minimum wage is imposed, the monopsony firm in the exhibit would maximize profits by hiring _______ units of labor per period.


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