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What is a monopsony and how does it affect trade?
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- what is the role of radio in the media globalization?Do you think the government has to intervene with the actions of the market specifically those of illegal trade?Which of the following statements about a monopsony market is not true? Di antara pernyataan berikut tentang pasaran monopsoni, yang manakah tidak benar? a. The monopsony firm restritcs its output and charges higher prices for its products. Firma monopsoni mengehadkan pengeluarannya dan mengenakan harga yang lebih tinggi untuk outputnya. b. As the sole (single) employer in the labor input market, the monopsony firm is able to hire fewer workers compared to the competitive market. Sebagai majikan tunggal dalam pasaran input buruh, firma monopsoni dapat mengupah pekerja yang lebih sedikit berbanding dengan pasaran kompetitif. O c. Welfare loss in the monopsony market can be measured by the difference in social surplus between the competitive and monopsony markets. Kehilangan kebajikan dalam pasaran monopsoni dapat diukur oleh perbezaan lebihan sosial di antara pasaran kompetitif dan monopsoni. d. A monopsony firm exploits its bargaining power by paying lower wages to its workers.
- Can a monopsony exercise monopsony power if the supply curve it faces is horizontal? Why or why not? Please explain.Identify and explain who will make and lose money from this tariff.explain the stragegic trade theory and with the aid of an example of an industry of your choice, motivate why government should implement this theory
- Can a monopsony exercise monopsony power if the supply curve it faces is horizontal? Why or why not?A World View article titled "Imported Wine Squeezing U.S. Vintners'' discusses foreign wine sold in the U.S. market. According to the article, the impact of the increasing import competition is_____ A. leading states to eliminate all subsidies due to the financial crisis that has left the budget in disarray. B. encouraging more California vintners to enter the market. C. causing domestic vintners to convert their vineyards into almond and avocado farms. D. resulting in a sharply increasing wine consumption rate in the United States.explain the differences between a monopoly and a monopsony?