The Existence of Economies of Scale Can Create _______

question 15

Multiple Choice

The existence of economies of scale can create _______.

• A) a government monopoly
• B) a natural monopoly
• C) a legal monopoly
• D) a market in which many firms make identical products

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Definitions:

Paraphrase

Restating text or speech using different words, especially to achieve clearer meaning.

Cite

To acknowledge or reference the source of information or ideas used in academic or research work.

Erik Erikson

A developmental psychologist known for his theory of psychosocial development, which outlines eight stages of psychological growth from infancy to adulthood.

Misrepresenting

The act of giving a false or misleading account of the nature of something, often to deceive or mislead.