Under perfect competition marginal resource cost ________ supply, under monopsony marginal resource cost _______ supply. a. Equals;
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Under perfect competition marginal resource cost ________ supply, under monopsony marginal resource cost _______ supply.
a. Equals; equals
b. Equals; is greater than
c. Equals; is less than
d. Is greater than; is less than.
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b Equals is greater than Explanation In perfect competition the wage is constant s...View the full answer
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