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Market Power and the Demand for Labor

Can someone help me in finding out the right answer from the given options. The lack of competition in the product market outcomes in: (1) Less labor being hired than when the markets were competitive. (2) More labor being hired than when the markets were competitive. (3) Effectiveness in the resource allocations. (4) Lack of competition in labor market. (5) Monopsony power in labor market.

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