A monopsony is ___________. a) the only seller of a product for which there are no close

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A monopsony is ___________. 

a) the only seller of a product for which there are no close substitutes

b) the only buyer of a product for which there are no close substitutes

c) both the seller and the buyer of a product for which there are no close substitutes

d) neither the seller nor the buyer of a product for which there are no close substitutes

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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