If a monopolist faces a competitive labor market， it will hire labor up to the point where the price of output times the marginal product of labor equals the wage rate。
If a monopolist faces a competitive labor market， it will hire labor up to the point where the price of output times the marginal product of labor equals the wage rate。
A.正确
B.错误
正确答案：错误
Tag：中级微观经济学
时间：2023-12-17 11:48:04
- 上一篇：For a monopsonist， the more elastic the supply of labor， the greater the difference between the marginal cost of labor and the wage rate.。
- 下一篇：If a labor market is dominated by a monopolist， it is possible that the imposition of a minimum wage law could INCREASE the amount of employment in that market.。