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Author Question: Which of the following could be considered an example of a monopsony? a. a professional sports ... (Read 57 times)

moongchi

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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.


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janeli1

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

d

Answer to Question 2

B


moongchi

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

jamesnevil303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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