Equilibrium in a labor market analyze how the equilibrium in a labor market with a monoposony employ
Equilibrium in a labor market
analyze how the equilibrium in a labor market with a
monoposony employer changes if a minimum wage is set at the competitive level
Provide a well-labeled diagram with your answer, and be sure
to analyze the effect on the marginal expenditure curve and compare the pre-
and post-minimum wage equilibria