Which Statement Is False

question 224

Multiple Choice

Which statement is false?

• A)Natural monopolies can provide cheaper service as monopolies than could several competing firms.
• B)The two main justifications for monopoly are economies of scale and natural monopoly.
• C)Economies of scale and high capital requirements are significant barriers to entry.
• D)None of these statements are false.

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Definitions:

Memory Difficulties

Challenges or impairments in the ability to remember information or experiences, which can impact daily functioning.

Neurocognitive Disorders

A category of mental health disorders that primarily affect cognitive abilities including learning, memory, and problem-solving.

Clouding Of Consciousness

A state where an individual experiences confusion or lessened clarity in their thinking and awareness.

Delirium

An acute, often sudden, decline in attention and cognition, typically resulting from an underlying medical condition, intoxication, or drug withdrawal.