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Directions: Use Your Knowledge of Reading, Writing, the Conventions of Grammar

question 41

Multiple Choice

Directions: Use your knowledge of reading, writing, the conventions of grammar to answer the following questions. ​ Which sentence below has a comma splice error?


Definitions:

Annual Lease

A contract or agreement stipulating the rental terms of a property for one year, often specifying the rent amount, payment schedules, and other conditions.

Minimum Efficient Scale

The smallest level of production at which long-term average total costs are minimized.

Natural-Monopoly Situation

A market condition in which a single firm can produce output at a lower cost than can multiple firms, leading to a monopoly justified by efficiencies of scale.

Implicit Costs

The opportunity costs that arise from using resources that a business already owns rather than earning revenue from those resources elsewhere.

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