In a bilateral monopoly, there is a unique market structure where there is only one seller (monopolist) and one buyer (monopsonist). This situation is characterized by the following features:

1. **Single Seller**: The seller has market power and is the only provider of a particular good or service.

2. **Single Buyer**: The buyer has significant negotiating power and is the sole consumer of the good or service.

This arrangement leads to interesting dynamics in pricing and output decisions, as both parties must negotiate terms that affect their respective utilities. The equilibrium outcome in a bilateral monopoly is influenced by the bargaining power of both parties.

### Final Answer
**A. Two** (one seller and one buyer)

Question

In a bilateral monopoly, there is a unique market structure where there is only one seller (monopolist) and one buyer (monopsonist). This situation is characterized by the following features:

1. **Single Seller**: The seller has market power and is the only provider of a particular good or service.
  
2. **Single Buyer**: The buyer has significant negotiating power and is the sole consumer of the good or service.

This arrangement leads to interesting dynamics in pricing and output decisions, as both parties must negotiate terms that affect their respective utilities. The equilibrium outcome in a bilateral monopoly is influenced by the bargaining power of both parties.

### Final Answer
**A. Two** (one seller and one buyer)

Knowee AI · Accepted Answer

In a bilateral monopoly, there is a unique market structure where there is only one seller (monopolist) and one buyer (monopsonist). This situation is characterized by the following features:

1. **Single Seller**: The seller has market power and is the only provider of a particular good or service.
  
2. **Single Buyer**: The buyer has significant negotiating power and is the sole consumer of the good or service.

This arrangement leads to interesting dynamics in pricing and output decisions, as both parties must negotiate terms that affect their respective utilities. The equilibrium outcome in a bilateral monopoly is influenced by the bargaining power of both parties.

### Final Answer
**A. Two** (one seller and one buyer)

39.In bilateral monopoly, the number of sellers is: A. Two B. One C. A few D. Three

Question

In bilateral monopoly, the number of sellers is:

Solution

Final Answer

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