The Most Common Reason for the Existence of Oligopolies Is

question 149

Multiple Choice

The most common reason for the existence of oligopolies is

• A) ease of entry.
• B) economies of scale.
• C) diseconomies of scale.
• D) advertising.

Identify and describe initiatives for managing nuclear waste.

Recognize resistance and challenges to environmental cleaning efforts.

Understand technology adoption rates and impacts on society.

Comprehend the concept and examples of environmental racism.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.