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Q: What are the potential costs of monopsony to firms?
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Examples of barriers to entry?

Some examples: legal barriers (e.g.) state-enforced monopolies); high fixed capital costs (e.g.) automanufacturing); price manipulation by leading firms in uncompetitive markets (e.g.) leading firms in oligopolies); limited market size (e.g.) geographic isolation; low population; monopsony; oligopsony).


What are the advantages and dis-advantages of monopsony?

in my eyes, monopsony do not have any advantages. for example, i am the ower of my website, which is the selling website. so, what i hope is the market is free and can control by ourself, not the monopsony company control the whole market, and we do not have any chance to do the business. this is just my own opinion.


What factors do firms have to take into account when promoting goods in?

the costs to be involved in promoting it the target population the competitors in the market the potential of the consumers


Examples of monopsony?

The post office is a monopsony employer of postal workers.


What is bilateral monopsony market?

Market with one buyer and and one seller is called bilateral monopsony


What is the opposite word of monopoly?

The answer to this question is "a monopsony". This is where one buyer faces many sellers.


What is the cost for a full title examination for real estate?

Costs vary in different jurisdictions. You should call some law firms in your jurisdiction to get an idea of the costs locally.Costs vary in different jurisdictions. You should call some law firms in your jurisdiction to get an idea of the costs locally.Costs vary in different jurisdictions. You should call some law firms in your jurisdiction to get an idea of the costs locally.Costs vary in different jurisdictions. You should call some law firms in your jurisdiction to get an idea of the costs locally.


What is the potential costs of scarcity and choice?

Describe the potential costs of both scarcity and choice.


When external costs are generated by firms the government should?

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What is the opposite word to monopoly?

Monopsony


Where can you get an assumption?

i need assumptions of monopsony ..................


What are examples of total costs?

In a perfectly competitive market, all n firms are equal. Thus, the market total cost is the total cost (TC) of one firm multiplied by the amount of n firms in the market Total Market Cost =Variable Costs and fixed costs ...Fixed costs plus variable costs.