When the increase in the price of one good causes the demand for another good to decrease, the goods are

Emma hopes to get $5 million for her land by refusing to come to terms with the company that wants to buy the land to build apartments

The apartment builders have offered Emma $1.5 million for her land, which is what they paid other land owners in her area for similar-size parcels. Economists would refer to Emma as a ________.

For a monopsony buyer, the marginal expenditure per unit of an input

A) exceeds the average expenditure per unit. B) is less than the average expenditure per unit. C) equals the average expenditure per unit. D) any of the above could be true.