Consider the Efficiency of Various Market Structures and Complete the Following

question 6

Multiple Choice

Consider the efficiency of various market structures and complete the following sentence.The larger the minimum efficient scale of firms,ceteris paribus,the

• A)more likely we are to have a concentrated market and allocative inefficiency.
• B)lower the advantages of large- scale production.
• C)less the tendency toward monopoly inefficiency.
• D)more likely firms will display productive efficiency.
• E)greater the number of firms comprising an industry.