If there is only a single buyer in the labour market, that buyer is called

Name: If there is only a single buyer in the labour market, that buyer is called
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A monopsonist is a single buyer in the labor market, which means it has the power to set the wage rate for workers. The other choices refer to markets with only one seller (monopolist) or a small number of buyers/sellers (oligopoly/oligopsony) in a different type of market.

If There Is Only a Single Buyer in the Labour