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प्रश्न
What is the basic feature that distinguishes a monopsony from other market structures?
पर्याय
One seller and many buyers
Many buyers and many sellers
One buyer and many sellers
Few buyers and few sellers
MCQ
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उत्तर
One buyer and many sellers
Explanation:
In a monopsony, there is a single buyer who purchases from many sellers and controls the demand side of the market.
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