When there is only one buyer in the market
A) a closed shop exists.
B) a monopsony exists.
C) then the market will be perfectly competitive.
D) the supply curve for the good will be perfectly elastic.
B
Economics
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A requirement that buyers of one service also purchase another service from the same seller is called
a. exclusive dealing b. an interlocking merger c. a second good contract d. a tying contract e. a legal agreement
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