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    Exam 14: Labour Markets and Income Inequality
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    If There Is Only a Single Buyer in the Labour
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If There Is Only a Single Buyer in the Labour

Question 83

Question 83

Multiple Choice

If there is only a single buyer in the labour market,that buyer is called


A) a monopolist.
B) a monopsonist.
C) an oligopolist.
D) an oligopsonist.
E) a single-product firm.

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