What happens to the monopsony equilibrium, Microeconomics

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What happens to the monopsony equilibrium

Problem

What happens to the monopsony equilibrium if the minimum wage is set slightly above or below the competitive wage?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What happens to the monopsony equilibrium

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Microeconomics: What happens to the monopsony equilibrium

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