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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

标签：中级微观经济学

上一条：For a monopsonist， the more elastic the supply of labor， the greater the difference between the marginal cost of labor and the wage rate.。

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