A market in which a firm emerges as a monopoly due to large economies of scale is referred to as:

A) a natural monopoly.
B) a regulated monopoly.
C) a legal monopoly.
D) an exclusive monopoly.

A

Economics

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A merger will be challenged by the FTC in a market where the Herfindahl-Hirschman Index (HHI) is ________, and the merger would increase it to ________

A) 2,900; 3,100. B) 1,700; 1,760 C) 800; 950 D) 2,000; 2,040

Economics

The three motives that John Maynard Keynes identified for why people hold money are the _______, ________ and _______ motives.

Fill in the blank(s) with the appropriate word(s).

Economics