Mergers are closely scrutinized by the government because
A) they might allow the firms involved to dominate the market and act as a legalized cartel (monopoly).
B) they always result in a more efficient market.
C) they always result in lower joint profits of the firms involved.
D) all mergers are undesirable.
A
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Variance is a measure of ________ and the lower the variance, ________
A) expected profit; the lower the profit B) risk; the lower the risk C) standard deviation; lower the standard deviation D) risk; the greater the risk
Which of the following is not one of the leading indicators?
A) index of consumer expectations, U. of Michigan B) change in consumer price index for services C) vendor performance, slower deliveries diffusion index D) manufacturers' new orders, nondefense capital goods
For an economy at full employment, an increase in the quantity of money will lead to what sequence of shifts in aggregate demand and supply curves?
What will be an ideal response?
Firms are the producing units of the economy.
Answer the following statement true (T) or false (F)