Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

The term ‘monopsony’ refers to

Question:

The term ‘monopsony’ refers to

A.

a single seller

B.

a single buyer

C.

a single buyer and a single seller

D.

None of the above

Answer» b. a single buyer

Note: The above multiple-choice question is for all general and Competitive Exams in India