मराठी

Monopsony is regarded as a buyers’ market. Do you agree? Give a reason. - Economics

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प्रश्न

Monopsony is regarded as a buyers’ market. Do you agree? Give a reason.

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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
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
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