The joining of firms that are producing or selling a similar product is known as
A) a conglomerate merger.
B) a horizontal merger.
C) a vertical merger.
D) economies to scale.
Answer: B
You might also like to view...
Which of the following is assumed constant in the short-run Classical model?
A) Money supply B) Output C) Aggregate demand D) Wages
Last year you purchased 20 shirts at $15 apiece, 30 CDs at $12 each, and 5 sweaters at $25 apiece. This year you buy 20 shirts at $20 apiece, 30 CDs at $12 apiece, and 5 sweaters at $20 a apiece. If last year's index was 100, this year's index is
A) 91.3. B) 102.0. C) 109.5. D) 9.5.
The productivity of workers can depend upon which of the following?
A. Number of businesses established B. population growth C. Physical capital D. All of these are determinants of productivity.
What is a pollution haven, and is there evidence that pollution havens exist?
What will be an ideal response?