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MMLU-Pro / 7242 / If a monopsony labor market suddenly were transformed into a perfectly…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

If a monopsony labor market suddenly were transformed into a perfectly competitive labor market, how would the wage and employment change?

category

economics

options

  1. The wage would decrease, but employment would remain constant.
  2. Both would increase.
  3. Both would decrease.
  4. The wage would remain constant, but employment would increase.
  5. The wage would increase, but employment would remain constant.
  6. The wage would increase, but employment would decrease.
  7. Employment would decrease, but the wage would increase.
  8. Employment would increase, but the wage would decrease.
  9. The wage would fall, but employment would increase.
  10. Both would remain constant.

src

ori_mmlu-high_school_microeconomics

Discussion

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Source and history

upstream_id / Original problem ID
7242
task_id
cd786817-916e-5e7f-9443-b055363ee1e1
task_key
default--test--7242
task_revision_id
1
config / split
default / test

Official source

initial import