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QUESTION
A monopsony has a marginal revenue product curve of mrpl = 100 – l and faces a labor supply curve of w = 1.5l. how many workers will the price taker hire? 100 25 50 40
A monopsony has a marginal revenue product curve of mrpl = 100 – l and faces a labor supply curve of w = 1.5l. how many workers will the price taker hire? 100 25 50 40
