Distinguish between monopoly and monopsony

      

Distinguish between monopoly and monopsony

  

Answers


johnson
Monopoly:- Market dominated by only one seller;

Monopsony:- Market dominated by only one buyer.

johnson mwenjera answered the question on March 7, 2018 at 08:36


Next: What is meant by each of the following terms? (a)mixed cropping (b) monocropping (c) intercropping.
Previous: Name the plant part used for vegetative propagation of each of the following plants: (a)cassava (b) sisal (c)pyrethrum (d) sweet potatoes

View More Agriculture Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions