--%>
Assignment Help - homework help

Wage rate in equilibrium for monopsony

Marginal revenue product of the labor surpasses the: (i) Additional revenue generated by each extra unit of labor. (ii) Value of marginal product of labor merely for the competitive sellers of output. (iii) Average fixed cost for natural monopoly. (iv) The wage rate in equilibrium for monopsony hirer of the labor.

Find out the right answer from the above options.

   Related Questions in Microeconomics

  • Q : Problem Regarding to Lorenz Curves A

    A Lorenz curve is a way to demonstrate: (w) that the U.S. has perfect equality of income distribution. (x) a mirror image of a production-possibility curve. (y) the percentages of families receiving different percentages of income. (z) differences wit

    		•
  • Q : Llustration of the problem of Moral

    Can someone please help me in finding out the accurate answer from the following question. Failing to lock your door whenever you go out since you have theft insurance is an illustration of the trouble of: (1) Indifference. (2) Apathy. (3) Moral hazard. (4) Market pow

    		•
  • Q : Relevant demand of Kinked Demand by

    In this demonstrated figure kinked demand curve model, when a firm at point a raises or lowers its price and the rest of the firms in the industry do similar thing, in that case the relevant demand curve for the firm is: (w) demand curve D0

    		•
  • Q : Determine income elasticity of demand

    An income elasticity of demand for a good equivalent to two implies roughly that: (1) demand curves for the good slope upward. (2) the product is an inferior good. (3) each 1% gain in income boosts the amount sold through 2%. (4) a 20% gain in income

    		•
  • Q : Economic profit at average total cost

    When a monopolist maximizes profit with producing where average total cost is on its minimum, this: (w) should generate an economic profit. (x) should sell at a price equal to marginal cost. (y) will incur an economic loss. (z) will p

    		•
  • Q : Union-Nonunion Wage Differentials I

    I have a problem in economics on Union-Nonunion Wage Differentials. Please help me in the following question. All else equivalent, when employment in an industry raises, the average wage differential gap among union and non-union workers: (1) Narrows.

    		•
  • Q : Minimum average costs Prohibition

    Prohibition Corporation could attain minimum average costs for its St. Valentine’s Day software when this produced: (1) 4 million copies. (2) 6 million copies. (3) 8 million copies. (4) 10 million copies. (5) 12 million copies.

    Q : Long run problem In long run , the

    In long run, the actions of successful speculators tend to rise: (i) Gains and raise consumer’s costs. (ii) Output and decrease the volatility of prices. (iii) Corruption and Bribery in government. (iv) The volatility of both prices and outputs.

    		•
  • Q : Preferential treatment of discrimination

    Programs that provide preferential treatment to members of groups which have previously suffered due to discrimination are termed as: (i) redistributive justice. (ii) affirmative action. (iii) compensating variations. (iv) equity considerations. (v) transfer programs.

    		•
  • Q : Legal barriers to entry Patents are

    Patents are illustrations of: (a) legal economies of substitution. (b) legal barriers to entry. (c) natural barriers to entry. (d) marginal diseconomies of scale. Can someone explain/help me with best solution about problem of