Skip to main content
Microeconomics
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
Back
Bilateral Monopoly
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Bilateral Monopoly
Download worksheet
Practice
Summary
Previous
2 of 10
Next
15. Markets for the Factors of Production / Bilateral Monopoly / Problem 2
Problem 2
Why does a monopsony aim for lower wages in a bilateral monopoly?
A
To minimize costs and maximize profits.
B
To attract more workers.
C
To increase the number of employees.
D
To comply with government regulations.
AI tutor
0
Show Answer