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 64 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
Wow, this really help


amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

For a complete list of videos, visit our video library