____ can arise as the result of economies of scale

Name: ____ can arise as the result of economies of scale
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Question

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Economies of scale refer to the cost advantage a company experiences when it produces on a larger scale. This can lead to the formation of oligopolies and monopolies, as smaller firms are unable to compete on price due to the larger firm's cost advantage. Therefore, the answer is D, as both oligopolies and monopoly can arise from economies of scale.

____ Can Arise as the Result of Economies of Scale