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-Use the Above Table

question 101

Multiple Choice

  -Use the above table. If the marginal revenue product is $30, how many workers will the profit maximizing monopsonist hire and what wage will they pay each worker? A)  1; $10 B)  2; $15 C)  3; $20 D)  4; $25
-Use the above table. If the marginal revenue product is $30, how many workers will the profit maximizing monopsonist hire and what wage will they pay each worker?


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