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The Theory of Countervailing Power Asserts That

Question 116

Multiple Choice

The theory of countervailing power asserts that


A) government must counter the power of big business
B) the government must nationalize all important industries
C) market power in one sector will be held in check by market power in another sector
D) big firms will all join together to raise prices and profits
E) small firms are a sufficient countervailing force to neutralize the harmful effects of big business

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