The joining of firms that are producing or selling a similar product is

A. a vertical merger.
B. competition by merger.
C. a hostile takeover.
D. a horizontal merger.


Answer: D

Economics

You might also like to view...

The gross domestic product of Ritzland during a particular year was $120,000

If the expenditure on investment was $16,000, the expenditure incurred by the government was $35,000, the value of exports was $10,000, and the value of imports was $22,000, calculate the expenditure on consumption. A) $37,500 B) $44,000 C) $19,000 D) $81,000

Economics

When there is a cost or benefit that affects someone other than the seller and buyer, then there is

A) a tax. B) a subsidy. C) a quantity regulation. D) a price regulation. E) an externality.

Economics

In the above figure, the economy is at point A and the money wage rate falls by 10 percent. If the price level is constant, firms will be willing to supply output equal to

A) less than $16.0 trillion. B) $16.0 trillion. C) more than $16.0 trillion. D) Without more information, it is impossible to determine which of the above answers is correct.

Economics

Why would candy companies in the United States dislike the U.S. trade barriers on imported sugar?

a. Barriers decrease the cost of production, making candy less expensive. b. Barriers decrease the cost of production, making candy more expensive. c. Barriers increase the cost of production, making candy more expensive. d. Barriers increase the cost of production, making candy less expensive.

Economics