If there are many employers in a market and each has limited market power, the demand for labor is likely to be characterized as
A. Monopsonistic.
B. Oligopolistic.
C. Monopolistic.
D. Competitive.
Answer: D
Economics
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In the Mundell-Fleming model, the exogenous variables are
a. government spending, taxes, and income. b. the exchange rate and the price level. c. the price level, the world interest rate, monetary policy, and fiscal policy. d. the world interest rate, the price level, and the exchange rate. e. none of the above.
Economics
According to the research described in your text, which of the following is among the factors that would increase a firm's probability of exporting?
A) low domestic productivity B) high domestic labor costs C) high level of efficiency D) high R & D demands
Economics