Economists who believe in encouraging concentration
A) are clearly wrong
B) think that high prices are beneficial to society
C) think that lower prices result from economies of scale
D) want the government to break up monopolies
E) favor a laissez-faire approach

Question

Quizplus · Accepted Answer

Economists who support encouraging concentration often argue that it can lead to economies of scale, which in turn can result in lower prices for consumers due to increased efficiency and reduced costs of production.

Economists Who Believe in Encouraging Concentration