Which One of the Following Statements Is True

question 20

Multiple Choice

Which one of the following statements is true?

• A)A monopolist is necessarily a monopsonist.
• B)A monopsonist is necessarily a monopolist.
• C)A monopsonist is a perfectly discriminating monopolist.
• D)Firm surplus always exceeds worker surplus.
• E)None of the above statements are true.

---

Definitions:

Divergent

Relates to a tectonic boundary where two plates move away from each other, leading to the creation of new crust.

Transform

In geology, referring to a boundary between two tectonic plates where they slide past each other horizontally.

Increased Gas Flow

Refers to a higher rate of gas movement, which can occur naturally or be induced by human activities, affecting environments and processes.

Steam Eruptions

Volcanic eruptions that occur when ground water is heated by magma, turning into steam and causing a violent expulsion of volcanic material.