The NCAA negotiates broadcast right to " March Madness"( the annual men's and women's college basketball tournaments). It also regulates the value of college athletic scholarships. In these ways it is exercising.

a) Both monopoly and monopsony power

b) Monopoly power but not monopsony power

c) Monopsony power but not monopoly power

d) Neither monopoly nor monopsony power.

I think answer should be A) Is this correct?