A merger between the Ford Motor Company and the Firestone Tire Company would be a ________ merger.
A. horizontal
B. vertical
C. conglomerate
D. diversifying
B. vertical
You might also like to view...
Jim' burger produces 500 burgers per week. Each burger is priced at $3 . A business ordered 750 burgers for an upcoming event. Jim decided to offer a discount by reducing the price of the burgers to $2.50 for the party. What is the marginal revenue of selling the 50th burger for the party?
a. $3 b. $2.50 c. $0.50 d. It cannot be determined with the information given
Inflation is measured by an increase in:
a. homes, autos and basic resources. b. prices of all products in the economy. c. the consumer price index (CPI). d. none of these.
If a positive permanent supply shock were to occur, the resulting equilibrium would be a:
A. higher level of output at lower prices. B. lower level of output and prices. C. higher level of output and prices. D. lower level of output at higher prices.
An "increase in the quantity supplied" suggests a:
A. Rightward shift of the supply curve B. Movement down along the supply curve C. Movement up along the supply curve D. Leftward shift of the supply curve