--%>
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 : Total fixed cost Total fixed cost: 1.

    Total fixed cost: 1. Fixed cost remains constant at each level of output ie it do not change with change in quantity.2. It can not be zero when output is zero.3. Its curve is parallel to X-aixs4.

    		•
  • Q : Marginal Benefits The marginal

    The marginal advantage/profit to you of a usual activity in which you engage tends to: (i) Raise as long as you enjoy the activity. (ii) Eventually reduce as you do more of activity. (iii) Stabilize when the market price of doing the activity stay constant. (iv) Impro

    		•
  • Q : Negative price cross elasticities of

    When two goods have negative price cross elasticities of demand, in that case the goods are: (1) inferior goods. (2) luxury goods. (3) complementary goods: (4) substitute goods. (5) normal goods. Hey friends please

    		•
  • Q : Development and Distribution of Income

    Compared to other relatively prosperous developed nations, the United States: (w) has greater inequality in the distribution of its wealth and national income. (x) enjoys the lowest cost medical care and the best average public health. (y) has been the most aggressive

    		•
  • Q : Illustration of zero Consumer Surpluses

    Clark pays $99.95 for the latest fishing rod. When Clark was willing to pay just a maximum of $99.95 for that fishing rod, his consumer surplus equivalents: (1) zero. (2) Clark would not be willing to buy the fishing rod at $99.95. (3) $99.95. (4) Clark would be bette

    		•
  • Q : Upwardly sloping supplies of resources

    When supplies of some resources are upwardly sloping to an industry, in that case increasing the industry’s output results within: (w) higher output due to increased profits from falling input prices. (x) reductions of output because of increase

    		•
  • Q : Main economic purpose of financial

    A financial system's main economic reason is to: (w) channel savings to more efficient and productive uses. (x) print money to assist the government. (y) increase the money multiplier. (z) protect individuals against recessions.

    		•
  • Q : Maximize profits with producing demand

    An imperfectly competitive firm can’t maximize its profits through producing where demand is: (w) elastic. (x) unitarily elastic. (y) inelastic. (z) downward sloping. Can someone explain/help me with best sol

    		•
  • Q : Classical adjustment in capital markets

    The first plans of savers and investors within this closed private economy are demonstrated as S0 and I0. Assume that people begin spending less on current consumption, and total saving plans shift to curve S

    		•
  • Q : Problem on Substitution Effect The cost

    The cost of cashmere plummets and most of the people start employing this once costly material as pillow covers and to knit sweaters for their pets. This is an illustration of: (i) The income effect. (ii) The change in preferences and taste. (iii) The law of diminishi

    		•