If a Town Has a Monopsony, This Means

question 76

Multiple Choice

If a town has a monopsony, this means:

• A) there is only one employer.
• B) price discrimination takes place.
• C) goods are priced too high.
• D) no unions can exist.

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Definitions:

Property Rights

The legal rights to possess, use, and dispose of land, buildings, goods, and other types of property.

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