If the supply of labor to a monopsonist is everywhere unit elastic, then the wage will equal
A) the marginal expenditure.
B) one-half of the marginal expenditure.
C) the marginal revenue product of labor.
D) one.
B
Economics
A) the marginal expenditure.
B) one-half of the marginal expenditure.
C) the marginal revenue product of labor.
D) one.
B