Which of the following is NOT an example of a vertical merger?

A. The merger of a shoe producer and a leather producer
B. The merger of two computer companies
C. The merger of a computer company and a microelectronics chip company
D. The merger of an automobile company and a tire company


B. The merger of two computer companies

Economics

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To restrict a wilderness area in the public domain to a particular group in the general public, say the motorists or snowmobilers of today, is

(a) democratic. (b) consistent with Thomas Jefferson's view on federal ownership of land. (c) undemocratic. (d) non-discriminatory.

Economics

Refer to the table below. If these are the only three price options for a bushel of corn, what is the expected value of the price of a bushel of corn?


The above table provides the possible prices for a bushel of corn next year along with the associated probabilities (in percent).

A) $2.50
B) $2.78
C) $2.25
D) $3.00

Economics

Which of the following is least like a monopoly

a. Twitter b. YouTube c. Facebook d. Google

Economics

At any meeting of the Federal Open Market Committee, that committee's voting members consist of

a. 5 Federal Reserve Regional Bank Presidents and all the members of the Board of Governors. b. 5 Federal Reserve Regional Bank Presidents and 5 members of the Board of Governors. c. 12 Federal Reserve Regional Bank Presidents and all the members of the Board of Governors. d. 12 Federal Reserve Regional Bank Presidents and 5 members of the Board of Governors.

Economics