Which of the following is NOT an example of buyer interaction that may improve the effectiveness of monopsony power?
A) Professional sports leagues that coordinate salary structures for players across the teams.
B) A buying cooperative in which members pool their purchases into one large order.
C) Labor unions that negotiate wage contracts for many workers who are employed by one firm.
D) All of the above are examples of buyer interaction in monopsonistic markets.
C
Economics
You might also like to view...
Briefly describe two systems for fixing the exchange rates of all currencies against each other and the time periods in which they were used
What will be an ideal response?
Economics
An increase in inflationary expectations __________ interest rate
A) raises the natural B) raises the nominal C) lowers the natural D) lowers the nominal
Economics