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Which of the Following Is False

Question 14

Multiple Choice

Which of the following is false?


A) For a monopolist there are no close substitutes for its product.
B) Large corporations rarely use its vast political power for fear of facing anti-trust lawsuits.
C) To be big is not necessarily to behave badly.
D) A business that would normally be considered competitive can have a local monopoly because its nearest competitors are many miles away.

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