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During the 1950s, General Motors (GM) Was Responsible for About

Question 25

Multiple Choice

During the 1950s, General Motors (GM) was responsible for about 60 percent of all passenger cars produced in the United States.Some criticized GM for


A) encouraging too much market competition.
B) failing to use economies of scale in individual plants.
C) acquiring monopoly power over the auto market.
D) failing to sufficiently dominate the auto market.

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