PLABOR МIC $7.00 -S $5.25 $4.50 MVP QLABOR 1000 1500 What is the equilibrium quantity of input used and what is the price paid per unit under the condition of monopsony? a. QLabor 1000 b. QLabor 1000 c. QLabor 1500 d. can't tell; insufficient information PLabor $4.50 PLabor $7.00 PLabor $5.25
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PLABOR МIC $7.00 -S $5.25 $4.50 MVP QLABOR 1000 1500
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What is the equilibrium quantity of input used and what is the price paid per unit under the condition of monopsony? a. QLabor 1000 b. QLabor 1000 c. QLabor 1500 d. can't tell; insufficient information PLabor $4.50 PLabor $7.00 PLabor $5.25
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