Question: for each characterisitc below, indicate whether the maching type of firm is a monopsonist in the labor market, a monopolist in the product market, a

for each characterisitc below, indicate whether the maching type of firm is a monopsonist in the labor market, a monopolist in the product market, a perfect competitor in the labor market, or a perfect competator in the product market. a. horizontal labor supply curve b. upward sloping labor supply cirve c. horizontal product demand curve d. marginal factor cost of labor cure abose the labor supply cive

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