________ economies are achieved by the ability of firms to dictate prices by exerting market power.
A) Pecuniary
B) Technical
C) Diversification
D) Production

Question

Quizplus · Accepted Answer

Pecuniary economies are achieved when firms exert market power to influence prices, unlike technical, diversification, or production economies, which relate to cost efficiencies and resource allocation.

________ Economies Are Achieved by the Ability of Firms to Dictate