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AP Microeconomics
Unit 5 – Factor Markets
Topic 5.4
When a government imposes a minimum wage in a monopsony, the quantity of labor hired will?
Depend on the demand for labor.
Remains the same.
Increase.
Decrease.
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AP Microeconomics - 5.4 Monopsony Markets
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Minimum wage
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About Us
About Fiveable
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Terms of Use
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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