A monopsonist's wage cost in hiring an additional worker is the: Group of answer choices worker's wage rate adjusted for the lower price that must be charged for the extra output. worker's wage rate. worker's wage rate plus the wage increases paid to all workers already employed. marginal wage cost less the wage rate.

Which feature is a characteristic of a corporation?

What is the sequence of events that could lead to trade surplus

General widgets, inc., manufactures high-quality widgets. the widget industry is mature and few innovations occur. the widgets have to be built exactly according to particular specifications provided by customers. this requires the use of controlled processes and precise measurements. the company also needs to maintain high efficiency in its production process in order to meet the market demand. for this company, stability is more important than flexibility. which of the organizational cultures is best suited for general widgets? a.) clan culture b.) modern culture c.) hierarchy culture d.) market culture