The Buda Agri Corporation is the sole employer in rural Hungary.In the labour market, Buda Agri is a

Name: The Buda Agri Corporation is the sole employer in rural Hungary.In the labour market, Buda Agri is a
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Quizplus · Accepted Answer

Monopsony occurs when there is only one buyer, in this case Buda Agri Corporation, in the labor market. This gives the company significant power over setting wages and determining the terms of employment. Therefore, Buda Agri Corporation can act as a monopsony employer in rural Hungary.

The Buda Agri Corporation Is the Sole Employer in Rural