question archive A statement that best reflects an evaluation of monopoly firms is that: Select one: a

A statement that best reflects an evaluation of monopoly firms is that: Select one: a

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A statement that best reflects an evaluation of monopoly firms is that: Select one:

a. they have a great deal of market power.

b. they are economically efficient.

c. consumers are given more choices, lower costs, and higher quality.

d. competition should replace all monopolies.

Option 1

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Option 2

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