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Author Question: As a seller of labour services, a labour union is a form of (Read 91 times)

markburs

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Question 1

If there is only a single buyer in the labour market, that buyer is called
◦ an oligopolist.
◦ an oligopsonist.
◦ a single-product firm.
◦ a monopolist.
◦ a monopsonist.

Question 2

As a seller of labour services, a labour union is a form of
◦ monopoly.
◦ illegal cartel.
◦ monopsony.
◦ monopolistic competitor.
◦ oligopoly.


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Marked as best answer by markburs on Oct 12, 2022

mgranuc

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markburs

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


robbielu01

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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