In a monopsony, why is the marginal resource cost (MRC) greater than the supply of labor? | Fiveable

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In a monopsony, why is the marginal resource cost (MRC) greater than the supply of labor?

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AP Microeconomics - 5.4 Monopsony Markets

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About Fiveable Blog Careers Code of Conduct Terms of Use Privacy Policy CCPA Privacy Policy

Resources

Cram Mode AP Score Calculators Study Guides Practice Quizzes Glossary Cram Events Merch Shop Crisis Text Line Help Center

© 2024 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.