A Monopsonist's Marginal Wage Cost Curve Is Positively Sloped Because

question 6

Multiple Choice

A monopsonist's marginal wage cost curve is positively sloped because:

• A)it "discriminates" by paying each worker a different wage according to his or her opportunity cost
• B)it must charge a lower price for each additional unit of output,and it must charge this lower price for all units sold
• C)it pays its workers lower wages,so that the supply of labor to the market is restricted
• D)it must pay a higher wage to attract additional workers and it must pay this higher wage to all workers

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