Solved

If a Single Supplier of Labor, Such as a Union

Question 305

Multiple Choice

If a single supplier of labor, such as a union, were supplying labor to a single monopsonistic employer, this is referred to as a(n)


A) bilateral monopoly.
B) trilateral monopoly.
C) total monopsony.
D) collective monopoly.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions