A Minimum Wage Might Increase Employment by a Monopsony If

question 134

Multiple Choice

A minimum wage might increase employment by a monopsony if it makes the supply of labour curve to that firm

• A) steeper, that is, makes supply more elastic.
• B) flatter, that is, makes supply more elastic.
• C) steeper, that is, makes supply less elastic.
• D) flatter, that is, makes supply less elastic.

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