If Happy Avocados, a ready-made guacamole manufacturer, contracts with an outside supplier to produce avocados, this is an example of ________.

If the price level increases,

A) the buying power of your checking accounts rises with it. B) the economy tends to grow faster. C) there is no effect on buying power. D) the buying power of your checking account falls.

The situation in which buyers are able to affect the price of a good is referred to as ________ power

A) monopoly B) purchasing C) monopsony D) countervailing