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    Economics Principles and Policy Study Set 2
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    Exam 19: Labor and Entrepreneurship: the Human Inputs
  5. Question
    When Large Oligopolistic Firms Negotiate with the Unions of Their
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When Large Oligopolistic Firms Negotiate with the Unions of Their

Question 19

Question 19

Multiple Choice

When large oligopolistic firms negotiate with the unions of their employees, the resulting bargaining process closely resembles


A) perfect competition.
B) a dual labor market.
C) monopolistic competition.
D) bilateral monopoly.

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