A monopsonist hires the amount of labor where the marginal


A monopsonist hires the amount of labor where the marginal revenue product of labor equals the:

a. wage rate.

b. marginal product of labor.

c. marginal factor cost of labor.

d. price of the monopsonist's product.

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Microeconomics: A monopsonist hires the amount of labor where the marginal
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