Some economists feel we should encourage market concentration because they believe monopolists and oligopolists can
a. c and d
b. c, d, and e
c. become technically superior
d. achieve economies of scale
e. innovate
B
Economics
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Charging higher prices for one category of patients in order to provide free or subsidized care to another group is called
a. price discrimination. b. cost-shifting. c. categorical costing. d. reprehensible and unethical. e. creative accounting.
Economics
When OPEC cut energy production in 1973, the aggregate supply curve shifted outward
a. True b. False Indicate whether the statement is true or false
Economics