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AP Microeconomics
Unit 5 – Factor Markets
Topic 5.4
Unit 5 – Factor Markets
5.4 Monopsony Markets
mixed difficulty
When a government imposes a minimum wage in a monopsony, the quantity of labor hired will?
Increase.
Decrease.
Remains the same.
Depend on the demand for labor.
Study guides (1)
AP Microeconomics - 5.4 Monopsony Markets
Key terms
Minimum wage
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