Suppose Sarah Beslin is the Chief Executive Officer (CEO) of an inline skates corporation in Mayberry township. Suppose also that the corporation is a monopsony. It is customary in the U.S. that companies meet with each other at their local community Chamber of Commerce. When Sarah goes to the Mayberry Chamber of Commerce for a CEO meeting,

a. she advises the other CEOs on how to maximize profits
b. the meeting participants must beware of taking actions that could be construed as collusion
c. there are sessions on buyer and supplier issues
d. CEOs discuss how to deal with the rising cost of labor
e. she is the only one there


E

Economics

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