Ask Question
23 February, 13:33

Two employers pay a wage of $10 an hour. Employer A is a monopsony while Employer B hires in a competitive labor market. Both firms sell their output in competitive markets. Which of the following will be true? The marginal worker in both firms will add the same to the firm's revenue. It will cost employer A more to hire another worker. Employer A has a higher average wage cost per worker than Employer B. If a worker left employer A and joined employer B, the economy would be better off.

0
Answers (1)
  1. 23 February, 13:52
    0
    It will cost employer A more to hire another worker
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Two employers pay a wage of $10 an hour. Employer A is a monopsony while Employer B hires in a competitive labor market. Both firms sell ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers