Multiple Choice
Bigness, or large firms, may benefit consumers in which of the following ways?
A) Larger firms usually charge lower prices than smaller firms.
B) Larger firms with monopoly power definitely have greater incentive to be efficient and innovative.
C) Larger firms may take advantage of economies of scale and scope.
D) Larger firms are more responsive to consumers' desires.
Correct Answer:

Verified
Correct Answer:
Verified
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