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3.4.6 Monopsony

A town has only one large employer. What market structure exists in its labour market?

A

Oligopsony.

B

Monopsony.

C

Perfect competition.

D

Monopoly.

3.4.6 Monopsony Flashcards

  1. A Level
  2. /Economics
  3. /3.4.6 Monopsony

Flashcards for Edexcel A A Level Economics 3.4.6 Monopsony, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 26 cards, matched to the Edexcel A A Level Economics (9EC0) specification.