A. monopoly
B. oligopoly
C. duopoly
D. oligopsony
Correct Answer:
Option D = oligopsony
Explanation
An oligopsony is a market situation where there are a few buyers and a small number of sellers. It is the opposite of oligopoly
A. monopoly
B. oligopoly
C. duopoly
D. oligopsony
Correct Answer:
Option D = oligopsony
Explanation
An oligopsony is a market situation where there are a few buyers and a small number of sellers. It is the opposite of oligopoly
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