An economist has argued that consumers

Answer choices

1. A

   Term Shift14% picked this

   The benefits to consumers are typically greater if a corporation invests in expensive research or industrial infrastructure than if that corporation spends the same

   Spending the money in other ways does not include the benefits to consumers of charging lower prices in the first place.

   14%
2. B

   Reversal4% picked this

   The government's permitting a corporation to obtain a monopoly is advantageous for consumers only if that corporation passes the fruits of at least some

   This reverses a relationship assumed in the argument.

   4%
3. C

   Correct78% picked this

   If a corporation obtains a monopoly, the disadvantage to consumers of any higher prices will be outweighed by the advantages from extra investments in

   Why this is right

   This provides the Advantageous ? Benefit assumption enabling a comparison between the advantages and disadvantages of permitting a corporation to obtain a monopoly.

   Skill tested: Strengthen · how this choice captures the argument's function is the move to repeat next time.

   78%
4. D

   Weaken0% picked this

   Even if a corporation is not permitted to obtain a monopoly, it typically invests some money in expensive

   This makes it less likely that it is sometimes advantageous to permit a corporation to obtain a monopoly, since extra money is less likely to have as significant an impact on producing fruitful investments.

   0%
5. E

   Out of Scope3% picked this

   If obtaining a monopoly enables a corporation to raise its prices and invest less money in advertising, that corporation

   The argument is about whether permitting a corporation to obtain a monopoly is sometimes advantageous for consumers. Whether or not companies are likely to take advantage of opportunities is not relevant to whether those opportunities would benefit consumers.

   3%