Which of the Following Statements Is Not Correct

question 638

Multiple Choice

Which of the following statements is not correct?

• A)Part of the deadweight loss associated with monopoly is measured by the monopolist's economic profit.
• B)Marginal cost is always less than average total cost in a natural monopoly.
• C)Discount coupons available free to the public are a type of price discrimination.
• D)Anti-trust laws make it harder for firms to create synergies.

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Definitions:

Forecasting Method

A set of techniques used to predict future events or trends, such as market demand or sales, based on historical data and other information.

Operational Indices

Indicators or metrics used to measure and evaluate the performance and efficiency of an organization's operations.

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from everyone and ranks ideas according to collective agreement.

Qualitative Demand Forecasting

A method that uses subjective judgment rather than numerical analysis to predict future demand for products or services.