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The Monopsonistic Power of a Firm in a Labor Market

Question 180

Multiple Choice

The monopsonistic power of a firm in a labor market tends to be enhanced by


A) entry of new firms in that market.
B) higher transferability of workers' skills to other professions.
C) an increasing immobility of workers to other jobs or locations.
D) technological advances that make online services easier to provide.

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