If a monopsonist pays the wage rate w; then the amount of labor that he can hire is L(w) = Aw, where
If a monopsonist pays the wage rate w; then the amount of labor that he can hire is L(w) = Aw, where A is a positive constant.The marginal cost of labor to the monopsonist is:
A.equal to the wage rate.
B.twice the wage rate.
C.half the wage rate.
D.greater than the wage rate but less than twice as great.
正确答案:twice the wage rate.
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