Top Posters
Since Sunday
r
5
m
5
h
5
r
5
t
5
B
5
P
5
s
5
m
5
c
5
c
4
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Satsume Satsume
wrote...
Go to Answer
Posts: 761
Rep: 0 0
6 years ago
In the United States, major league baseball is exempt from antitrust laws.  Before 1975, the baseball team owners agreed to hold an annual draft of amateur baseball players.  Once the players were drafted and signed by a team, they were effectively tied to that team for life.  This allowed baseball owners to operate like ________ in the market for player services.
A) perfect competitors
B) monopolistic competitors
C) a monopsonistic cartel
D) a monopoly
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 100 times
1 Reply
Replies
Answer verified by a subject expert
oracledarrenoracledarren
wrote...
#1
Posts: 455
Rep: 15 1
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Satsume Author
wrote...

6 years ago
This helped my grade so much Perfect
kevin12323h
wrote...

Yesterday
This site is awesome
brina10
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  835 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 617
  
 250
  
 478
Your Opinion
What's your favorite math subject?
Votes: 315
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?