--%>

Monopsonistic Exploitation

Can someone help me in finding out the right answer from the given options.

The employer with monopsony power exploits the labor if it pays a wage: (i) At a bare subsistence level. (ii) That stabilizes worker population. (iii) Less than the living wage. (iv) Equivalent to the value of labor's marginal product. (v) Beneath labor's marginal revenue product.

   Related Questions in Microeconomics

  • Q : Purely and monopolistically competitive

    Purely competitive markets and monopolistically competitive markets have in general: (1) the collusive tendencies of large rival firms. (2) extensive negotiations about prices among buyers and sellers. (3) freedom of entry and exit wi

  • Q : Supply of good at market price When

    When producers become willing and capable to sell more of a good at each and every market price, then there has been a raise in: (1) Consumer preferences. (2) Supply. (3) Quantity supplied. (4) Demand. (5) Capitalists’ profits.

    Q : Marginal revenue product-marginal

    When a monopolist maximizes the profit in a product market, it will: (w) Hire labor till the marginal revenue product equivalents marginal resource cost. (x) Hire labor till the value of marginal product equivalents marginal resource cost. (y) Pay a wage equivalent to

  • Q : Risk-Return-Diversification The below

    The below table presents the three possible states for stocks A and B returns. (a) De

  • Q : Examples of Labor

    The contracts needing employment after some worker’s jobs have been made obsolete through automation are illustrations of: (i) Blacklisting. (ii) Labor-reducing protectionism. (iii) Check-off provisions. (iv) Yellow dog contracts. (v) Feather-bedding.

  • Q : Purely competitive firm maximizing

    A purely competitive firm maximizes profit through producing where is: (w) P = ATC. (x) P = MR = MC. (y) PQ = TC. (z) AFC = AVC. I need a good answer on the topic of Economics problems. Please give

  • Q : An increase in consumer desire for

    An increase in consumer desire for strawberries is most likely to: increase the number of strawberry pickers needed by farmers. reduce the supply of strawberries. reduce the number of people willing to pick strawberries. reduce the need for strawberry pickers

  • Q : Determine linear demand curve-elasticity

    Beside a negatively sloped, that has straight-line demand curve, there one constant is: (w) price. (x) quantity demanded. (y) slope. (z) the price elasticity of demand. Please guys help to solve this problem of

  • Q : Problem on losing financial investments

     Can someone please help me in finding out the precise answer from the following question. Owners generally can’t lose more than their financial investments when a firm is a: (i) Proprietorship. (ii) Family business. (iii) Partnership. (iv) Corporation.

  • Q : Economic profits maximizing When this

    When this monopolistic competitor produces Q units, this is maximizing: (w) sales development and its market share. (x) total revenue. (y) economic profits. (z) total fixed cost and its managers' salaries.