Monopolies Are Usually Viewed with Concern from an Economic Standpoint

question 203

Multiple Choice

Monopolies are usually viewed with concern from an economic standpoint since

• A)size is inherently dangerous; the larger the firm, the more likely it is to squeeze out the "little producer."
• B)resources may be allocated in an inefficient manner.
• C)the government may be put at the mercy of several large producers.
• D)the variety of goods available on the market will be limited.

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