Which of the Following Comes Closest to Being a Monopsony

question 111

Multiple Choice

Which of the following comes closest to being a monopsony?

• A)a car manufacturer in Detroit
• B)a McDonald's in a big city
• C)a coal company who employees all of the workers in a given town
• D)a farmer who hires labor

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Definitions:

Classical Conditioning

An educational method where pairing two stimuli repeatedly results in a response initially triggered by the second stimulus becoming triggered by the first stimulus alone.

Pavlov

Renowned for his work in classical conditioning, signifying the learning process through which a neutral stimulus becomes associated with a meaningful stimulus.

Meat Powder

A stimulus used in Pavlov's experiment to evoke the salivation response in dogs, demonstrating classical conditioning.

Immediate Reinforcer

A reward that occurs directly following a behavior, which increases the likelihood of the behavior being repeated in the future.