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Author Question: New England shippers faced higher labor costs than English shippers a. in trade between the ... (Read 60 times)

clmills979

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on: Jun 30, 2018
New England shippers faced higher labor costs than English shippers
 a. in trade between the Southern colonies and England.
  b. in trade between the West Indies and England.
  c. in trade between New England and England.
  d. in all trade with England.

Question 2

A monopsony is a market in which
 a. one firm is the sole producer of a good or service.
  b. one firm is the sole buyer of a good or service.
  c. firms encourage competition by starting price wars among competitors.
  d. firms collude in setting prices and levels of output.


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ecabral0

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a. in trade between the Southern colonies and England.

Answer to Question 2

b. one firm is the sole buyer of a good or service.


clmills979

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Reply 2 on: Jun 30, 2018
Excellent

xthemafja

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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