高階ECON-MINT-009

Hong Kong introduces a minimum wage for domestic helpers. In a monopsonistic labour market, a binding minimum wage set above the monopsony wage but below the competitive wage will:

A. Decrease employment
B. Increase employment✓ 答案
C. Leave employment unchanged
D. Cause indefinite unemployment

解說

In monopsony, the firm faces an upward-sloping labour supply. A minimum wage flattens the marginal cost of labour curve up to the competitive level, increasing employment.

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