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Both Empirical Evidence and Everyday Observation Suggest That Oligopolies Contribute

Question 22

Multiple Choice

Both empirical evidence and everyday observation suggest that oligopolies contribute to economic growth in the very-long-run by


A) achieving allocative efficiency.
B) consistently producing at full-capacity output.
C) achieving technological improvements and innovations through research and development.
D) decreasing minimum efficient scale.
E) rarely laying off workers.

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