What is the effect of a minimum wage law in a monopsony labor market?

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:28 AM

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What is the effect of a minimum wage law in a monopsony labor market?

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A minimum wage rate can increase employment in a monopsony market Over a rang...View the full answer

Microeconomics

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