The Only Way to Judge Monopoly Is to Use Both

question 72

True/False

The only way to judge monopoly is to use both structure and performance criterion simultaneously.

---

Definitions:

Manufacturing Cell

An arrangement of machinery and workers in which the production process is broken down into simpler steps, and all necessary equipment and staff are located close to each other to increase efficiency.

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product in the most efficient and streamlined way.

Continuous Process

A production process that operates incessantly over a long period of time, allowing for the constant production of goods or delivery of services.