Social Studies
Social Studies, 03.10.2020 01:01, omidbromand786

Which statement is false A monopoly sells lower-quality products at higher prices than in a perfect competition.

B.

Natural monopolies are necessary to avoid wasteful duplication of resources.

C.

Collusion is legal in the United States, but cartels are not.

D.

The start-up costs in a monopolistically competitive industry are low.

E.

Homogeneous products leave consumers with no choice.

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