How would you measure the strength of a monopsonist in an input market? Would a monopsony necessarily

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How would you measure the strength of a monopsonist in an input market? Would a monopsony necessarily be very profitable? What would you need to add to Figure 13.5 in order to show a monopsonist's profit graphically?
Figure 13.5
Pricing in a Monopsonistic Labor Market
How would you measure the strength of a monopsonist in
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Intermediate Microeconomics and Its Application

ISBN: 978-1133189039

12th edition

Authors: Walter Nicholson, Christopher M. Snyder

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