Question: Consider the four market structures: . Perfect competition . Monopolistic competition . Oligopoly . Monopoly In which market structure ( s ) are there most

Consider the four market structures:
. Perfect competition
. Monopolistic competition
. Oligopoly
. Monopoly
In which market structure(s) are there most likely to be large economies of scale?
(1) only
(1) and (2)
(4) only
(3) and (4)
(2) and (3)

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