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Advocates of ________ Argue That When Large Companies Are Allowed

Question 11

Multiple Choice

Advocates of ________ argue that when large companies are allowed to merge, fix prices, and participate in joint ventures, jobs are lost and plants are shut down in some areas.


A) the preservation of small businesses and an economy characterized by many sellers competing with one another
B) the prevention of concentration of political and economic power in the hands of a few sellers in each industry
C) the preservation of local control of business and protection against the effects of labor dislocation
D) the promotion of the maximization of consumer welfare using market principles and efficiency criteria

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