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In the 1950s and 1960s,Arvida,Quebec,was Basically a One- Company Town

Question 47

Multiple Choice

In the 1950s and 1960s,Arvida,Quebec,was basically a one- company town where Alcan was the sole buyer of labour services.This is a good example of


A) monopsony.
B) union power.
C) pure monopoly.
D) oligopoly.
E) monopolistic competition.

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