Globalization of Markets Can Reduce Oligopoly Power by

question 152

Multiple Choice

Globalization of markets can reduce oligopoly power by

• A)increasing the number of competitors
• B)increasing market prices
• C)bypassing antitrust legislation in a particular country
• D)identifying new markets for goods and services
• E)reducing the economies of scale

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Definitions:

Critical Path

A continuity of necessary tasks in a project's agenda that have to be accomplished on time for the project to meet its proposed finalization date.

Pessimistic

An attitude or perspective that tends to see the worst aspect of things or believe that the worst will happen.

Probable

Likely to occur or be the case.

Optimistic

Having a positive outlook or expectation about the future or the success of something.