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AP Microeconomics
Unit 5 – Factor Markets
Topic 5.4
Unit 5 – Factor Markets
5.4 Monopsony Markets
mixed difficulty
In a monopsony, the firm's control over the labor market allows it to?
Increase the quantity of labor supplied.
Decrease the quantity of labor demanded.
Influence the price of the final product.
Determine the wage rate.
Study guides (1)
AP Microeconomics - 5.4 Monopsony Markets
Key terms
Monopsony
Labor Market
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