Which of the following examples illustrates a conglomerate merger?
a. an automobile manufacturer merges with a steel producer
b. a food service contractor merges with a search engine
c. a soda producer merges with another soda producer
d. a shoe retailer merges with a leather producer
b. a food service contractor merges with a search engine
You might also like to view...
Under a fixed exchange rate system, if the inflation rate in the United States is 5 percent a year and the inflation rate in Australia is 0 percent a year, then the U.S. real exchange rate will
A) increase 5 percent a year. B) decrease 5 percent a year. C) remain constant. D) possibly increase or decrease.
The law of supply implies that the supply curve is
A) flat. B) upward sloping. C) downward sloping. D) vertical.
If both a buyer and a seller have the same information, they are said to have symmetric information
a. True b. False Indicate whether the statement is true or false
A major problem with a commodity money is that, to be useful, money must be
a. divisible. b. storable. c. portable. d. All of the above are correct.