If a merger allows managers to reduce duplicate operations, the merger ________.
A) created synergies
B) eliminated the hold-up problem
C) created technological interdependencies
D) created managerial diseconomies
A) created synergies
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The unemployment rate equals
A) (number of people without a job ÷ population)× 100. B) (number of people without a job ÷ working-age population) × 100. C) [(working-age population - number of people employed) ÷ labor force] × 100. D) (number of people unemployed ÷ labor force) × 100. E) (number of people unemployed ÷ population) × 100.
When two goods are complements
A) the demands for both goods will be elastic. B) cross price elasticity of demand will be 0. C) cross price elasticity of demand will be negative. D) cross price elasticity of demand will be positive.
During the Great Depression of the 1930s, the unemployment rate in the United States increased to more than 25% of the labor force
a. True b. False Indicate whether the statement is true or false
A country with high economic growth:
A. will definitely experience high economic development. B. will never experience high economic development. C. may not experience economic development without attention paid to policy actions. D. not necessarily will experience high economic development.