Two Employers,A and B,pay the Same Wage but Employer a Faces

question 36

Multiple Choice

Two employers,A and B,pay the same wage but Employer A faces a more inelastic supply curve of labor than Employer B.Both firms are monopsonies but have similar outputs and technologies.Other things being the same,then in the long run

• A) Employer A will employ less capital than Employer B.
• B) Employer A will employ more capital than Employer B.
• C) Both employers will employ the same amount of capital.
• D) Both firms, in the long run, will pay a wage equal to their marginal revenue product.

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