If two small perfectly competitive firms merge, the merged firm will be:

a. a price-taker.
b. a market leader.
c. a price-discriminator.
d. an oligopoly.


A

Economics

You might also like to view...

A depository institution creates liquidity and pools risk

Indicate whether the statement is true or false

Economics

A closed economy is one that

A) has no government sector. B) neither borrows from nor lends to foreign countries. C) produces mainly agricultural goods. D) produces mainly manufactured goods.

Economics

____________ solves the mutual coincidence of wants problem

a. Barter b. Mercantilism c. Free trade d. Money

Economics

In general, a society will benefit more, the more self-sufficient it is

a. True b. False

Economics