If a person's indifference curves can be represented as a straight line, the person views the goods as
a. perfect substitutes
b. perfect complements
c. complements (but not perfect)
d. substitutes (but not perfect)
a
Economics
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What is one possible reason a firm that produces balloons might outsource its accounting department?
A) There is no longer economies of scale. B) There are now economies of scope. C) There is no longer economies of scope. D) There are now economies of scale.
Economics
If a retail food chain merged with a meat packing company, this would be an example of a
A) horizontal merger. B) conglomerate merger. C) vertical merger. D) diagonal merger.
Economics