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  3. Study Set
    Advanced Placement (AP)
  4. Exam
    Exam 31: (AP) Macroeconomics: Part B
  5. Question
    What Is It Called When a Single Firm Has Market
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What Is It Called When a Single Firm Has Market

Question 126

Question 126

Multiple Choice

What is it called when a single firm has market power in the labor market?


A) Oligopoly
B) Monopoly
C) Monopsony
D) Imperfect competition

Correct Answer:

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