Exhibit 27-10 ​ Refer to Exhibit 27-10. If the Firm in the Exhibit

question 55

Multiple Choice

Exhibit 27-10 ​

Refer to Exhibit 27-10. If the firm in the exhibit is a monopsony, then the curve represented by the number 2 is its __________ curve, and the curve represented by the number 3 is its __________ curve.

• A)marginal factor cost; factor supply
• B)factor supply; marginal revenue product
• C)marginal revenue product; average total cost
• D)marginal cost; marginal factor cost
• E)factor supply; marginal factor cost

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