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Use the Figure Below to Answer the Following Questions

Question 109

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 18.3.2 -If a union forms to face the monopsonist in Figure 18.3.2, the situation is one of A) binding arbitration. B) derived demand. C) duopoly. D) collusive oligopoly. E) bilateral monopoly.
Figure 18.3.2
-If a union forms to face the monopsonist in Figure 18.3.2, the situation is one of


A) binding arbitration.
B) derived demand.
C) duopoly.
D) collusive oligopoly.
E) bilateral monopoly.

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