Use the Figure Below to Answer the Following Questions

question 109

Multiple Choice

Use the figure below to answer the following questions.

Figure 18.3.2
-If a union forms to face the monopsonist in Figure 18.3.2, the situation is one of

• A)binding arbitration.
• B)derived demand.
• C)duopoly.
• D)collusive oligopoly.
• E)bilateral monopoly.

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