The joining of a firm with another to which it sells an output or from which it buys an input is known as
A) a conglomerate merger.
B) a horizontal merger.
C) a vertical merger.
D) economies to scale.
C
Economics
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Use the following graph for a competitive market to answer the question below.
Assume the government imposes a $2.25 tax on suppliers, which results in a shift of the supply curve from S1 to S2. The amount of the tax paid by the seller is
A. $2.25. B. $0. C. $1.00. D. $1.25.
Economics
The formula for aggregate expenditure is
A) AE = C + I + depreciation - NX. B) AE = C + I + G. C) AE = C + I + G - NX. D) AE = C + I + G + NX.
Economics
Refer to the graph shown. If the firm is producing 450 units of output, profit is equal to:
A. $38. B. ?$30. C. $30. D. $0.
Economics
Why does it make sense for unprofitable firms to stay in business?
What will be an ideal response?
Economics