Which of the following refers to the situation where buyer(s) have the ability to affect the market price?
A. one-dollar, one-vote metric
B. consumption effect
C. terms-of-trade effect
D. monopsony power
Answer:D
Which of the following refers to the situation where buyer(s) have the ability to affect the market price?
A. one-dollar, one-vote metric B. consumption effect C. terms-of-trade effect D. monopsony power