A Firm Is Likely to Be a Monopsonist If

question 71

Multiple Choice

A firm is likely to be a monopsonist if:

• A)the supply of an input to it slopes downward.
• B)the supply of an input to it is horizontal.
• C)the supply of an input to it slopes upward.
• D)the supply of an input to it is vertical.

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Definitions:

DNA Pol III

An enzyme involved in DNA replication, responsible for synthesizing new strands of DNA in bacteria.

Polynucleotide Chain

A biopolymer composed of 13 or more nucleotide monomers covalently bonded in a sequence, forming part of the structure of DNA and RNA.

Nucleotide Excision Repair

A DNA repair mechanism that removes and correctly replaces a damaged DNA segment in the genome.

Nuclease

An enzyme that cleaves the chains of nucleotides in nucleic acids into smaller units.