Monopolies are a danger to the market economy system because they tend to stifle economic growth.
Answer the following statement true (T) or false (F)
True
Monopolies are a danger to the market economy system because they tend to stifle economic growth and consumer choice with their power to determine supply. Factors such as efficiency of production and quality and pricing of goods can be chosen arbitrarily by monopolies, leaving consumers without a choice and at the mercy of big businesses.
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Which of the following concepts is based on a customer-centered philosophy?
A) the product concept B) the marketing concept C) the production concept D) the selling concept E) the distribution concept
Which of the following is a nominative case pronoun?
A. Them B. They C. Whom D. Us
The Revised Uniform Partnership Act provides protection for general partners, but not for limited liability partners
Indicate whether the statement is true or false
A cost center manager does not have the ability to produce revenue.
Answer the following statement true (T) or false (F)