Some Economists Observe That Higher Profit Rates in Large Oligopolies

question 87

Multiple Choice

Some economists observe that higher profit rates in large oligopolies stem from the greater efficiency arising from _____ in these large firms.

• A)brand loyalty
• B)economies of scale
• C)higher prices
• D)higher costs
• E)lower prices

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Definitions:

Xer/o

is a prefix in medical terminology that means "dry," often used to describe conditions related to dryness.

Hem/o

A prefix used in medical terms to refer to blood.

Hepat/o

A prefix in medical terminology referring to the liver.

Neur/o

A prefix used in medical terminology referring to nerves or the nervous system.