All of the Following Except One Are Valid Defenses for Monopoly.Which

Multiple Choice

All of the following except one are valid defenses for monopoly.Which is the exception?

A) A monopoly will more likely have economies of scale than will a competitive industry.
B) Assuming it has the same costs as a competitive industry,a monopoly generally produces higher outputs.
C) There will usually be a greater amount of research and development with a monopoly than with a competitive industry.
D) Monopolies can generally offer better salaries and working conditions for their employees than can a competitive industry.