New England shippers faced higher labor costs than English ...

[clmills979]

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.

[ecabral0]

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]

Excellent

[bdobbins]

Gracias!