|
|
22. If a given labour market is characterized by monopsony (i'e., a company town in which there
is only one employer),how does the level of hiring compare to that in a competitive factor
market?
(A) It depencds on the price of the output good'
(B) The level of hiring is lower'
(C) The level of hiring is higher'
(D) The level of hiring is equal'
|
Locked
