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प्रश्न
Define monopsony.
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उत्तर
Monopsony refers to a situation in which there is a single buyer of a commodity and in which the entry into the market by other buyers is impossible.
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संबंधित प्रश्न
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| Column I | Column II | ||
| A. | Monopoly | (i) | Availability of close substitutes |
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| D. | Monopolistic competition | (iv) | Homogeneous products |
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