The Monopsonistic Power of a Firm in a Labor Market

question 180

Multiple Choice

The monopsonistic power of a firm in a labor market tends to be enhanced by

• A) entry of new firms in that market.
• B) higher transferability of workers' skills to other professions.
• C) an increasing immobility of workers to other jobs or locations.
• D) technological advances that make online services easier to provide.

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