Which of These Is NOT a Potential Benefit Provided by Monopolies

question 99

Multiple Choice

Which of these is NOT a potential benefit provided by monopolies?

• A) greater incentives to develop new technologies and medical cures
• B) more variety of creative works such as movies and books
• C) lower prices in industries with very large economies of scale
• D) increased consumer surplus as a result of a smaller scale of operations

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Definitions:

Global Corporation

A multinational enterprise or multinational corporation that conducts commercial transactions across national boundaries.

Multinational Corporation

A large company that operates in several countries around the world, often centralizing management in a specific home country while adapting products and practices to local markets.

Sustainable Development

is the pursuit of development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Cultural Diversity

The presence of a wide range of cultural, ethnic, and racial groups within a society, organization, or community.