Assume the Ajax Mining Company Hires 80 Percent of the Nonunion

question 95

Multiple Choice

Assume the Ajax Mining Company hires 80 percent of the nonunion labor force of Mother Lode,New Mexico.Also,suppose that this labor force is highly immobile.Economists would describe this employer as a:

• A) monopolist.
• B) oligopolist.
• C) monopsonist.
• D) monopolistic competitor.

Recognize the role of risk in society and the distribution of environmental risks and the responsibility for social problem recognition.

Comprehend the economic and cultural impact of technological clusters and their periodic influence.

Understand the concept of mergers and acquisitions, including their types and purposes.

Calculate cash bidding prices and understand the valuation in mergers and acquisitions.