Six Flags Entertainment Cor
A) Some of the property owners might ask for more money than their property is worth and prevent the project from moving forward.
B) The transactions costs of bargaining with the current landowners is likely to be quite low.
C) The government would likely not use eminent domain in this situation since it involves a private corporation trying to acquire land from private landowners.
D) The land must be undervalued for a large corporation like Six Flags to want to acquire it.
A
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A) means of payment B) unit of account C) store of value D) medium of exchange E) measure of barter
Universities are able to act as monopsonists in the market for professors because
A) a university usually does not consider hiring faculty members from another institution. B) faculty members usually have to move to a different city when changing universities. C) students like all of their professors. D) senior faculty members are willing to move to a new university at any cost.