--%>
Assignment Help - homework help

Definition of monopsonist

The individual or firm which is the sole buyer of the specific good or resource is a/an: (i) Monopolist. (ii) Oligopolist. (iii) Monopsonist. (iv) Monopolistic competitor.

Find out the right answer from the above options.

   Related Questions in Microeconomics

  • Q : Demand curve facing monopolistically

    The demand curve that facing a monopolistically competitive firm is: (1) perfectly elastic within the short run. (2) perfectly inelastic due to numerous substitutes for its product. (3) less elastic than the demand curve facing a comp

    		•
  • Q : Market structure in an automotive

    What type of a market structure in an automotive industry?

    		•
  • Q : Long-term effects of the Baby Boom What

    What will be the long-term effects of the Baby Boom?

    		•
  • Q : Uy what is basic objects of bretton

    what is basic objects of bretton woods?

    		•
  • Q : Arbitrage and Transaction Costs The

    The individual or organization which simultaneously purchases low and sells high in various markets is a/an: (i) Elevator. (ii) Speculator. (iii) Analyst. (iv) Arbitrageur. (v) Operator. Can someone please help me in finding out th

    		•
  • Q : Price elasticity of demand as

    As the Shmoo Recording Studio raised CD production from 3 million units to 5 million units, this was forced to discount CD prices down by $18 to $15. Then price elasticity of demand for Shmoo CDs is as: (w) 0.022. (x) 0.36. (y) 1.0. (z) 2.75.

  • Q : Analytic time and profit maximization

    Firm A in below illustration of figure maximizes profit and is: (1) demonstrated as operating in the long run. (2) capable of reaping economic profit of P2P1de, since only in the short run. (3) incurring economic losses equivalent to fixed costs of P3

    		•
  • Q : Relationship between Total Revenue and

    What is the relationship among Total Revenue (TR) and Marginal Revenue (MR)? Answer: A) If MR is positive, TR rises although at

    		•
  • Q : Natural monopolies closely regulated by

    Inside the United States, public utilities like natural gas lines or electric companies are frequently: (w) quite competitive while they vie for the consumer's dollars. (x) natural monopolies which are closely regulated by government. (y) seldom closely regulated thro

    		•
  • Q : Dependency of prices due to transaction

    Economists frequently refer to “the price” as while each good has only one price. Conversely, prices frequently vary greatly, depending upon where you are, due to: (w) advertising. (x) transaction costs. (y) marketing overhead. (z) poor co

    		•