When there is only one buyer in a market, there is a
A) buyer's monopoly.
B) monopoly.
C) monopsony.
D) buyer's cooperative.
C
You might also like to view...
An institutional bank run is most likely to occur when:
A) firms and other banks withdraw money from a weak bank. B) firms and other banks deposit their money into a weak bank. C) households withdraw their money from a weak bank. D) households deposit their money into a weak bank.
The only way that an economy can increase its rate of consumption in the long run is by increasing the amount that it produces
a. True b. False Indicate whether the statement is true or false
Which of the following terms describes a financial instrument which pools the deposits of many investors together and invest them in a safe way like short-term government bonds?
a. Money market funds b. Savings deposits c. Time deposits d. Certificates of deposit
If the price level falls, the aggregate supply decreases as a result of the aggregate demand curve shifting left.
Answer the following statement true (T) or false (F)