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 31 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


JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library