10- For which of the following workers would the substitution effect be more likely to outweigh the income eeet of an increase in wage? a. Air traie controller b. Marketing manager e. Waitress d. Dentist 11- What is the difference between monopoly and monopsony? a. The term \"monopoly" refers to either a market with one buyer or to a market with one seller, while the term \"monopsony\" refers to a market with more than one buyer and seller. b. The term 'uonopoly" refers to a market with one buyer, while the term \"monopsony\" refers to a market with one seller. o. The term 'uonopsony\" refers to a market with one buyer, while the term \"monopoly\" refers to a market with one seller. (1. The term \"monopsony\" refers to either a market with one buyer or to a market with one seller, while the term \"monopoly" refers to a market with more than one buyer and seller