--%>
Assignment Help - homework help

Power monopsonist

I have a problem in economics on Power of monopsonist. Please help me in the given question. The firm which is the sole buyer of a specific good or resource is a: (m) Monopsonist. (n) Plutocracy. (o) Bilateral monopolist. (p) Price discriminator. (q) Conglomerate.

Please suggest me the right option.

   Related Questions in Microeconomics

  • Q : Influence of drought in market price

    Severe drought outcomes in a drastic fall in the output of wheat. Examine how will it influence the market price of wheat? Answer: As an outcome of severe drought,

    		•
  • Q : Effects of increasing the price raise

    Increasing the price as in demonstrated figure for DVD games will raise total revenue at the entire prices: (w) on this demand curve. (x) above $30. (y) below $30. (z) below $25. Hey friends please give your opinio

    		•
  • Q : Completely elastic price of demand On

    On such demand curve, the demand for DVD games is completely elastic at a price of: (w) $50. (x) $25. (y) $20. (z) None of the above.

    Q : Essay why is marginal revenue

    why is marginal revenue product=marginal resource cost a formula for profit maximization?

    		•
  • Q : Decreased market demand for generic 2×4s

    Decreased market demand for generic 2×4s as in illustrated graph would result within a(n) ___________ into the price of 2×4s as well as a(n) ___________ in this lumber mill’s profit-maximizing output. (w) increase; decrease. (x) incr

    		•
  • Q : Characteristics of oligopoly in market

    An oligopoly is a form of market structure described by: (w) its large number of sellers. (x) firms' capability to easily enter and exit the industry. (y) conscious interdependence. (z) price taker behavior.

    Q : Calculating Economic and Accounting

    Can someone help me in finding out the right answer from the given options. Net sales revenue of the Rusty Key Corporation for the year 2005 is $190,000. The net explicit costs incurred were $70,000, and net implicit costs were $65,000. The accounting profit is ____ a

    		•
  • Q : Short-run and long-run average total

    A firm generating where MC = SRAC = LRAC operates at the minimum point of its: (w) short-run and long-run average total cost curves. (x) long-run total cost curve. (y) total physical product of labor curve. (z) maximum profit curve.

    Q : Marginal product I can't discover the

    I can't discover the answer of this question of my economy assignment. Help me out to go through this question. If any variable input is not scarce input, then at maximum output what would be its marginal product?

    		•
  • Q : Surviving firms in declining

    When firms exit a declining competitive industry, in that case surviving firms will: (i) reduce their outputs and prices. (ii) experience higher prices and profits. (iii) automate to adjust to lower wages. (iv) sell more output at lower prices. <

    		•