Some Economists Believe That Monopolies Are Both Inevitable and Beneficial

Multiple Choice

Some economists believe that monopolies are both inevitable and beneficial to society. They believe that monopolies are more efficient than competitive markets and generate lower prices. For these reasons they oppose _________ and advocate __________.

A) antitrust laws; laissez-faire
B) laissez-faire; antitrust laws
C) nationalization; regulation
D) regulation; nationalization
E) antitrust laws; nationalization