Other Things Equal, We Would Expect the Labor Demand Curve

question 141

Multiple Choice

Other things equal, we would expect the labor demand curve of a monopolistic seller to

• A) decline more rapidly than that of a purely competitive seller.
• B) decline less rapidly than that of a purely competitive seller.
• C) decline at the same rate as that of a purely competitive seller.
• D) be more elastic than that of a purely competitive seller.