AAA Cars and Best? Cars, two? auto-parts manufacturers, have just signed a? long-term partnership to jointly produce and sell their products. This is an example of which of the? following?

A. Joint venture
B. Leveraged buyout
C. Consolidation
D. Merger
E. Strategic alliance


E. Strategic alliance

Economics

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To graph a relationship among several variables, we hold all but ________ variable(s) constant and use the ________ assumption

A) one; scarcity B) two; ceteris paribus C) three; scarcity D) one; ceteris paribus E) one; absence of trend

Economics

Which of the following exchange rate policies uses a target exchange rate, but allows the target to change?

A) crawling peg B) flexible exchange rate C) fixed exchange rate D) moving target

Economics

The figure above shows the market for milk. If one firm owns all the milk outlets in the city and sells 100 gallons of milk

A) the market is efficient because the marginal social benefit from the last gallon of milk exceeds its marginal social cost. B) the market is efficient because the total social benefit from milk exceed the total social cost. C) there is a deadweight loss because the marginal social benefit from the last gallon of milk exceeds its marginal social cost. D) there is a deadweight loss because the marginal social cost of the last gallon of milk exceeds its marginal social benefit.

Economics

Refer to Figure 3-2. An increase in the expected future price of the product would be represented by a movement from

A) A to B. B) B to A. C) S1 to S2. D) S2 to S1.

Economics