Of the two conflicts, __________ get(s) more severe the larger the firm

Which of the following statements contains accurate information regarding power sources for manufacturing in the first half of the 19th century?

a. Steam engines were very costly to operate. b. The water turbine was more efficient than the water wheel. c. Coal was adopted more slowly in the U.S. than in England. d. Along the Ohio River, steam was preferable to water power because of variable stream levels. e. All of above.

One characteristic of a monopoly market is that the product is virtually identical to products produced by competing firms

a. True b. False Indicate whether the statement is true or false