1. Which of the following accurately describes a bilateral monopoly situation? Group of answer choices a. two employers compete for the right to employ an individual free agent athlete b. a monopsony employer confronts a monopoly labor union in a bargaining situation c. a monopoly sports franchise charges different prices to different consumers for the same product (e. g., game tickets) d. a labor union negotiates a legal wage floor, thus benefitting its members

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Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.

Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal.b) rental rates in france will increase.c) wages in france will decrease.d) rental rates in portugal will increase.