In a monopsony, what would be the most likely outcome if the firm decreases its wage rate below the market equilibrium level? | Fiveable

or

Log in

Light

In a monopsony, what would be the most likely outcome if the firm decreases its wage rate below the market equilibrium level?

Related content

Practice quizzes

Practice this subject Practice this unit Practice this topic

Study guides (1)

AP Microeconomics - 5.4 Monopsony Markets

Key terms

Fiveable

About Us

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

Stay Connected

© 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.

About Us

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.