History

Alison Petty

5 April, 05:22

Which statement is false?

A) A monopoly sells lower-quality products at higher prices than in a perfect competition.

B) Natural monopolies are necessary to avoid wasteful duplication of resources. Collusion is legal in the United States, but cartels are not.

C) The start-up costs in a monopolistically competitive industry are low.?

D) Homogeneous products leave consumers with no choice.

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “Which statement is false? A) A monopoly sells lower-quality products at higher prices than in a perfect competition. B) Natural monopolies ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

Why did parliament pass the tea act?

The franks first converted to Christianity under which ruler

How did the return of Charles II to the English throne affect the American colonies? A. He abolished all of the colonies. B. He focused primarily on funding the agricultural colonies. C. He added additional colonies in North America. D.

What were some things that the British gained by winning the 7 years War

20) What new position created by Georgia Constitution contributed to the Three Governors Controversy? Question 20 options: Attorney General Secretary of State Lieutenant Governor Supreme Court Justice

New Questions in History

explain the growth of the industrial revolution after the civil war and the workers' response to the growth

If a citizen group wants lower taxes, whom should they call about proposing a law?

Who was Marco Polo and what was his significance?

What was often the source of conflict between pastoral and agricultural village societies?

Which Native American tribe did not align itself with the French during the French and Indian War? A. the Huron B. the Ottawa C. the Iroquois D. the Algonquin