The economic term for a firm that is the sole buyer in a market is

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A monopsonist is a market structure where a single buyer controls the entire market for a particular good or service. This gives the buyer significant market power, as it can dictate the terms of trade to sellers. This is the opposite of a monopoly, which is a market structure where a single seller controls the market. Choices B, C, and D are not the correct terms for this type of market structure.

The Economic Term for a Firm That Is the Sole