Problem regarding monopsonistic exploitation

I have a problem in economics on monopsonistic exploitation. Please help me in the following question. The Labor union contracts, an analogous worth rule or the minimum wage laws might boost equilibrium employment when a firm has been practicing: (1) Price discrimination. (2) Monopolistic exploitation. (3) Monopsonistic exploitation. (4) Featherbedding. (5) Blacklisting.

Select the most correct option from the above.

View Complete Question

Related Questions in Microeconomics

Q : Maximum possible total revenue from

Maximum possible total revenue by sales of the extremely popular St. Valentine’s Day software is about: (i) $65 million. (ii) $45 million. (iii) $85 million. (iv) $105 million. (v) $200 million.

Q : What is APC What is APC ? Answer : APC=

What is APC? Answer: APC= C/Y.The ratio of income to consumption is termed as APC.

Q : Excess demand for commodity When do we

When do we state that there is an excess demand for a commodity in the market?

Q : Profit maximizing strategy Prohibition

Prohibition Corporation would exactly break-even on its St. Valentine’s Day software when, in place of correctly identifying its profit maximizing strategy, this: (1) operated at point i, charging just $20 per copy and producing

Q : Bilateral Monopoly Can someone help me

Can someone help me in finding out the right answer from the given options. The Bilateral monopoly models would be most suitably used to analyze the negotiations between: (1) LeBron James, a star NBA basketball player and the Cleveland Cavaliers. (2)

Q : Barriers to entry and long run

A firm which realizes an economic profit in the short run will carry on generating economic profits in the long run only when: (i) it maximizes economic revenue. (ii) barriers to entry prevent entry from rival firms. (iii) its managers minimize princi

Q : Limitation of economies capacity I have

I have a problem in economics on Production Possibilities Frontiers. Please help me in determining the right answer from the following question. The economy’s capacity to generate/make is NOT limited by the: (i) Amount of resources accessible. (

Q : Evidence of Asymmetric information Can

Can someone please help me in finding out the accurate answer from the following question. The Extensive fire damage in a neighborhood where almost everyone has fire insurance is an apparent evidence of: (1) Cost inflation in service sector. (2) Ineffective resource a

Q : Market economies of individual

In the market economies, resources are finally owned by the: (i) Corporations which dominate the economic activity. (ii) Proprietorships and partnerships. (iii) Business firms collectively. (iv) Individual house-holds. (v) Government acting as the social trustee.

Q : Sticky prices in oligopoly markets

Sticky prices within oligopoly markets are: (w) predicted by the kinked demand curve model. (x) substantiated by many statistical studies. (y) most common for highly differentiated products. (z) a result of price discrimination.

Discover Q & A

Leading Solution Library

Avail More Than 1459852 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1944151
Asked

3,689

Active Tutors

1459852

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment