Which of the Following Situations Describes a Monopsony

question 78

Multiple Choice

Which of the following situations describes a monopsony?

• A) You are an ice cream artist and several shops are hiring.
• B) You are the only teleport technician in the world.
• C) You are an accountant in New York City.
• D) You are a college instructor and there is only one university within 300 miles of your permanent residence.
• E) You are the only professional dog groomer in town.

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Money earned from selling advertising space or spots in various media formats, such as TV, radio, print, or online.

Publicity

The act of making something attract the public's attention, often through the media, to generate interest or support.

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American Adults

Individuals over the age of 18 living in the United States, representing various demographics, cultures, and backgrounds.