Which of the Following Would NOT Tend to Increase the Buying

question 61

Multiple Choice

Which of the following would NOT tend to increase the buying price in an oligopsony?

• A) More buyers in the market
• B) Collusion among the buyers
• C) More elastic supply
• D) Rightward shift in the MV curve

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Definitions:

Football Team

A group of players forming one side in competitive football games.

Prejudice

An unjustified negative attitude toward an individual based on the individual’s membership in a group.

Unjustified Negative

Refers to a negative outcome or judgment that is not supported by evidence or reasoning.

Membership

The state of belonging to a group or organization with a common interest or purpose.