Which of the following is an example of a vertical merger?
A) Northwestern Idaho University merging with McDonald's.
B) Northwestern Idaho University merging with a training academy for new professors.
C) Northwestern Idaho University merging with Roosevelt University.
D) Northwestern Idaho University going from a public to a private university.
Answer: B
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An increase in the U.S. price level will increase U.S. net exports
a. True b. False Indicate whether the statement is true or false
If all workers are homogeneous, all jobs are equally attractive to workers, and labor markets are perfectly competitive:
A. compensating differences would cause wage differentials. B. noncompeting groups of workers would result in wage differentials. C. all workers would receive the same wage rate. D. worker mobility would occur such that wage differentials would widen.
On a linear demand curve, demand is ________ at the middle of the demand curve than it is at small quantities.
A. more elastic B. less elastic C. equally elastic D. There is insufficient information in the question.
As you consume more of a particular commodity, your total level of utility derived from that consumption will
A) increase at an increasing rate. B) increase at a decreasing rate. C) increase at a constant rate. D) remain constant.