Which Statement Is False

question 109

Multiple Choice

Which statement is false?

• A)Once a monopoly is set up,it is possible to dislodge it.
• B)Some monopolists have control over an essential resource.
• C)Several competing firms can provide cheaper service than a natural monopoly.
• D)As a firm grows larger,at first it realizes economies of scale,but eventually diseconomies of scale set in.

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Definitions:

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Activities and procedures that embody the principles of democracy, including free elections, protection of rights, and participation of citizens.

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