If Target were to merge with Wal-Mart, this would be referred to as a(n)
A) horizontal merger.
B) vertical merger.
C) conglomerate merger.
D) anti-competitive merger.
A
You might also like to view...
Economists are often required to make unrealistic assumptions concerning the problems they are investigating.
Answer the following statement true (T) or false (F)
Many detrimental externalities occur because
a. persons do not pay the full social cost of using a resource. b. persons do not pay the full private cost of using a resource. c. companies do not pay the market price for natural resources. d. companies pay more than the full social cost of using a resource.
Maurice faces a progressive federal income tax structure that has the following marginal tax rates: 0 percent on the first $10,000 . 10 percent on the next $10,000 . 15 percent on the next $10,000 . 25 percent on the next $10,000 . and 50 percent on all additional income. In addition, he must pay 5 percent of his income in state income tax and 15.3 percent of his labor income in federal payroll taxes. Maurice earns $60,000 per year in salary and another $10,000 per year in non-labor income. What is his average tax rate?
a. 17.19 percent b. 46.69 percent c. 48.87 percent d. 56.01 percent
A lowering of the required reserve ratio might not expand the money supply if:
A. tax rates are also lowered at the same time. B. tax rates are increased at the same time. C. borrowers are unwilling to borrow the new funds the banks have available for loans. D. borrowers are willing to borrow the new funds the banks have available for loans..