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wrote...
Posts: 50
2 weeks ago

Question 1.

The market price of a factor of production that is in fixed supply is determined only by demand.

• true

• false

Question 2.

A monopsony is a term used to refer to a firm that is the sole seller of a good or service.

• true

• false
Source  Download
Microeconomics
Edition: 7th
Authors:
Read 5 times
2 Replies
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Replies
wrote...
2 weeks ago

Answer 1

true

Answer 2

false
wrote...
2 weeks ago
Thanks
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