Gramm, William P.; Ekelund Jr., Robert B.
September 1968
American Economist;Fall68, Vol. 12 Issue 2
Academic Journal
Comments on economists Ralph Gray and John E. Morrill's attempt to extend the Falero analysis of monopsony. Effects of a minimum wage imposed in a monopsonistic industry; Objections to the general conclusion that the introduction of a legal wage floor will reduce industry employment.


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