An Oligopoly Created Because of Economies of Scale Is Called

question 114

Multiple Choice

An oligopoly created because of economies of scale is called a

• A) natural oligopoly.
• B) legal oligopoly.
• C) public oligopoly.
• D) monopolistic oligopoly.
• E) scale oligopoly.

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Definitions:

Anticipate Events

The ability to foresee or predict future occurrences based on patterns, knowledge, or intuition.

Exact Replications

The process of exactly duplicating a study or experiment to verify its results.

Permeable

Characterized by the ability to allow substances or influences to pass through.

Neurotic Behavior

A range of psychological behaviors characterized by anxiety, phobias, or other mental health disturbances that are not psychotic.