Author Question: Which of the following could be considered an example of a monopsony? a. a professional sports ... (Read 58 times)

moongchi · **on:** Jun 30, 2018

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.