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Few Firms in the United States Are Monopolies Because

Question 20

Multiple Choice
Few firms in the United States are monopolies because

Few firms in the United States are monopolies because


A) few firms experience economies of scale.
B) monopolies are technically illegal in the United States.
C) when a firm earns profits, other firms will enter its market.
D) most firms produce products for which there are no close substitutes.

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