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In the Following Graph, the Product Market Is _____, While

Question 61

Multiple Choice

In the following graph, the product market is _____, while the labor market is _____.
In the following graph, the product market is _____, while the labor market is _____.   A)  perfectly competitive; competitive B)  perfectly competitive; a monopsonist C)  a monopoly; competitive D)  a monopoly; a monopsonist


A) perfectly competitive; competitive
B) perfectly competitive; a monopsonist
C) a monopoly; competitive
D) a monopoly; a monopsonist

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