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Management · Q457

Managerial Economics

Graduate and Post Graduate · Management · question 457

Q457

Direct regulation of business has the poten tial to yield economic benefits to society when

A.
diseconomies of scale exist
B.
barriers to entry are absent
C.
there are no good substitutes for a product
Answer
D.
many firms serve a given market

Answer: Option C

Solution

Answer: Option C
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