Which of the Following Is Not Correct

question 233

Multiple Choice

Which of the following is not correct?

• A) Other things equal, a monopsonist will pay a lower wage rate than will a firm hiring labor competitively.
• B) A monopsonistic employer will pay workers a wage rate equal to their MRP.
• C) A purely competitive seller will pay workers a wage rate equal to their MRP.
• D) An imperfectly competitive seller will employ additional workers as long as the MRP of additional workers exceeds their MRC.

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