Economy, asked by pareshmadan2000, 1 year ago

a combination of monopoly and a monopsony market is known as

Answers

Answered by virendermawlia

Answer:

Explanation:

Markets with the same features as monopsonies but where there are more than one buyer, being the number of buyers still small enough, are known as oligopsonies. Next, we'll learn about bilateral monopolies, which combine a monopoly and a monopsony in the same market.

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