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प्रश्न
Monopsony is regarded as a buyers’ market. Do you agree? Give a reason.
टिप्पणी लिखिए
उत्तर
As there is a single buyer in the market, the buyer influences the market in determining the price of the product. So it’s regarded as a buyers' market for the dominance of buyers.
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Meaning of Monopsony
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
