Some Economists Refer to a Monopsony as a

question 38

Multiple Choice

Some economists refer to a monopsony as a

• A)factor price taker.
• B)factor buyer.
• C)buyer's monopoly.
• D)single-price monopolist.
• E)Economists don't refer to a monopsony as anything other than a monopsony.

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SMART Principle

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A pessimistic attitude or perspective towards events or situations, expecting the worst outcome.