Many economists believe that competition is preferable to monopoly: a. because competition allocates resources more effi

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Many economists believe that competition is preferableto monopoly:
a.
because competition allocates resources more efficientlythan monopoly does.
b.
because diffuse economic power leads to more diffusepolitical power.
c.
because competition yields a greater variety of goodsand services.
d.
regardless of the costs of de-concentrating aconcentrated industry.
e.
because monopolies tend to pay too little intaxes.