A market where there is only a single buyer is called a(n):
A. Monopoly
B. Monopsony
C. Oligopoly
D. Dominant firm
B. Monopsony
You might also like to view...
The general rule is that the police may search an arrestee and his or her personal items, including _____________ found in his or her possession, as part of a routine inventory incident to the booking and jailing procedure
a. containers b. passenger's containers c. outer clothing only d. None of the above
According to the ethics of care framework, good behavior ______.
a. meets the needs of those concerned b. conforms to the middle ground between competing positions c. is based on the needs of the individual actor d. is concerned with universally understood ideas of right and wrong
The fact that shoplifters report engaging in the crime because it is easy, low-risk, and abundant in opportunity is consistent with which theory of crime?
A. differential association theory B. rational choice theory C. social bond theory D. strain theory
Blood specimens drawn from individuals arrested for driving under the influence should have both a preservative and an anticoagulant
Indicate whether the statement is true or false