A merger between two firms that have a supplier-purchaser relationship is:
A. horizontal.
B. vertical.
C. conglomerate.
D. illegal.
Answer: B
You might also like to view...
Multiple regression analysis typically requires several computers.
A. True B. False C. Uncertain
Leakages from the income-expenditure stream are:
A. Consumption, saving, and transfer payments B. Saving, taxes, and investment C. Saving, taxes, and imports D. Imports, taxes, and transfer payments
If as a result of NAFTA the demand for American exports rises, it would tend to increase the exchange value of the U.S. dollar as a result
a. True b. False Indicate whether the statement is true or false
If firms in a monopolistically competitive market are earning negative economic profits, the demand curve of a single firm will likely:
A. shift right, as other firms enter the industry. B. shift left, as other firms enter the industry. C. shift left, as other firms leave the industry. D. shift right, as other firms leave the industry.