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Defenders of Industrial Concentration Argue That

Question 66

Multiple Choice

Defenders of industrial concentration argue that:


A) only businesses with substantial market power will earn enough profit to sustain operations in the long run
B) only large businesses can take advantage of increasing returns to scale
C) large businesses often operate in perfectly competitive markets
D) competition should be enhanced in a concentrated market
E) small businesses are able to take advantage of decreasing returns to scale

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