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Statement I.Professional Baseball,basketball,and Football Have Pure Monopsony Power

Question 90

Multiple Choice

Statement I.Professional baseball,basketball,and football have pure monopsony power.
Statement II.The strike is the ultimate weapon of a labor union and the lockout is the ultimate weapon of an employer.


A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.

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