Author Question: Which of the following is likely to reduce the impact of a monopsony? a. Absence of competing firms ... (Read 29 times)

joblessjake · **on:** Jun 30, 2018

Which of the following is likely to reduce the impact of a monopsony?
a. Absence of competing firms
b. Higher search costs
c. An increased ability of workers to relocate elsewhere
d. Higher movement and information costs

Question 2

Which of the following is a disadvantage of the U-form structure?
a. In case of multiple products sold in different markets, a U-form structure is difficult to maintain.
b. A U-form structure requires a larger staff to evaluate top-level decision making than other organization structures.
c. A U-form structure necessitates a multiple-level decision-making process.
d. The amount of information that is considered for decision-making in a U-form structure is less than other structures.