The monopsonist's markdown in the buying price increases as
A) the supply elasticity declines.
B) the supply elasticity increases.
C) the demand elasticity declines.
D) the demand elasticity increases.
A
Economics
You might also like to view...
If a decision is made and it is the best choice for society, the decision is said to be
A) a valid economic choice. B) made in self-interest. C) made in social interest. D) consist with scarcity. E) a want-maximizing choice.
Economics
Which of the following is not in the index of leading economic indicators?
A) Average workweek B) Initial unemployment claims C) Building permits D) Producer price index
Economics