originally coined by economist joan robinson to refer to markets with multiple sellers of a product but only…

originally coined by economist joan robinson to refer to markets with multiple sellers of a product but only one buyer, the term “monopsony” can also refer to markets where demand for labor is limited. in a product monopsony, the single buyer can force sellers to lower their prices. ________ in a labor monopsony, employers can force workers to accept lower wages. which choice completes the text with the most logical transition? a) earlier, b) instead, c) similarly, d) in particular, while researching a topic, a student has taken the following notes: - j.r.r. tolkien’s 1937 novel the hobbit features two maps. - the novel opens with a reproduction of the map that the characters use on their quest. - this map introduces readers to the fictional world they are about to enter. - the novel closes with a map depicting every stop on the characters’ journey. - that map allows readers to reconstruct the story they have just read. the student wants to contrast the purposes of the two maps in the hobbit. which choice most effectively uses relevant information from the notes to accomplish this goal? a) the hobbit’s opening map introduces readers to the fictional world they are about to enter, while the closing map allows them to reconstruct the story they have just read. b) the hobbit, a novel published by j.r.r. tolkien in 1937, features a reproduction of a map that the characters use on their quest, as well as a map that appears at the end of the novel. c) the hobbit’s two maps, one opening and one closing the novel, each serve a purpose for readers. d) in 1937, author j.r.r. tolkien published the hobbit, a novel featuring both an opening and closing map.

originally coined by economist joan robinson to refer to markets with multiple sellers of a product but only one buyer, the term “monopsony” can also refer to markets where demand for labor is limited. in a product monopsony, the single buyer can force sellers to lower their prices. ________ in a labor monopsony, employers can force workers to accept lower wages. which choice completes the text with the most logical transition? a) earlier, b) instead, c) similarly, d) in particular, while researching a topic, a student has taken the following notes: - j.r.r. tolkien’s 1937 novel the hobbit features two maps. - the novel opens with a reproduction of the map that the characters use on their quest. - this map introduces readers to the fictional world they are about to enter. - the novel closes with a map depicting every stop on the characters’ journey. - that map allows readers to reconstruct the story they have just read. the student wants to contrast the purposes of the two maps in the hobbit. which choice most effectively uses relevant information from the notes to accomplish this goal? a) the hobbit’s opening map introduces readers to the fictional world they are about to enter, while the closing map allows them to reconstruct the story they have just read. b) the hobbit, a novel published by j.r.r. tolkien in 1937, features a reproduction of a map that the characters use on their quest, as well as a map that appears at the end of the novel. c) the hobbit’s two maps, one opening and one closing the novel, each serve a purpose for readers. d) in 1937, author j.r.r. tolkien published the hobbit, a novel featuring both an opening and closing map.

Answer

Question 30

Brief Explanations:

The first - part describes product monopsony where a single buyer forces sellers to lower prices. The second - part describes labor monopsony where employers (single buyers of labor) force workers to accept lower wages. These are similar situations. "Similarly" is the appropriate transition word.

Answer:

C) Similarly

Question 31

Brief Explanations:

The student wants to contrast the purposes of the two maps. Option A clearly states that the opening map introduces the fictional world and the closing map allows readers to reconstruct the story, effectively contrasting their purposes.

Answer:

A) The Hobbit's opening map introduces readers to the fictional world they are about to enter, while the closing map allows them to reconstruct the story they have just read.