This topic contains a solution. Click here to go to the answer

Author Question: Which of the following could be considered an example of a monopsony? a. a professional sports ... (Read 33 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
Which of the following could be considered an example of a monopsony?
 a. a professional sports league
 b. the only auto repair shop in a small town
 c. a single mining firm that was the only employer in the area
  d. all of the above

Question 2

Hayle Motors specializes in the production of fire trucks and has production units in five countries. Which of the following is NOT true about Hayle Motors?
 a. It is a geographically divisionalized organization.
  b. It is divisionalized along product lines.
  c. Each of its five production units in the five countries function as stand-alone firms.
  d. Activities in each of its five units may be categorized functionally.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

janeli1

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

d

Answer to Question 2

B




moongchi

  • Member
  • Posts: 516
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Excellent

 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For a complete list of videos, visit our video library