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Application Programs Process Logic That Is Specific to a Given

question 20

True/False

Application programs process logic that is specific to a given business need.

Analyze the role of government regulation in controlling monopolies and ensuring they earn only a normal return.
Recognize the different types of barriers to entry that sustain monopolies.
Understand the relationship between economies of scale and natural monopolies.
Analyze the significance of patents and government franchises in maintaining monopolies.

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