Which of the following is not consistent with a goal of reducing the power of firms in the market?
A) shortening patent life
B) creative destruction theory
C) countervailing power theory
D) Schumpeter's economies of scale argument
E) antitrust policy

Question

Quizplus · Accepted Answer

Schumpeter's economies of scale argument suggests that larger firms can be more efficient and innovative, which can actually increase their market power rather than reduce it. This is not consistent with the goal of reducing the power of firms in the market.

Which of the Following Is Not Consistent with a Goal