Bigness, or Large Firms, May Benefit Consumers in Which of the Following

question 120

Multiple Choice

Bigness, or large firms, may benefit consumers in which of the following ways?

• A)Larger firms usually charge lower prices than smaller firms.
• B)Larger firms with monopoly power definitely have greater incentive to be efficient and innovative.
• C)Larger firms may take advantage of economies of scale and scope.
• D)Larger firms are more responsive to consumers' desires.