Re: 2009 dse doubt

Posted by Var1995 on Jun 19, 2016; 3:52pm
URL: http://discussion-forum.276.s1.nabble.com/2009-dse-doubt-tp7601505p7601534.html

locksmiths ques 2nd part

with the imposition of minimum wages the monopsonist will hire until the value of marginal product equals 70 as the wage rate is now given to him/er.
max pf(L)- 70L.......will give L=10