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In some cases oligopolies can benefit society by: a)earning abnormal profits. b)taking advantage of scale economies to produce at low average cost. c)raising prices and reducing output.
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In some cases oligopolies can benefit society by:

a)earning abnormal profits.

b)taking advantage of scale economies to produce at low average cost.

c)raising prices and reducing output.

User Class Skeleton
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1 Answer

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Answer:

b) taking advantage of scale economies to produce at low average cost.
User BernardG
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