A merger between a shoelace company and a soup company might be undertaken to

a. eliminate a potential competitor
b. enhance a supplier-purchaser relationship
c. diversify assets and production
d. raise the Herfindahl-Hirschman Index in the shoelace industry
e. raise the concentration ratio in the soup industry

C

Economics

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The only way the standard of living of the average person in a country can increase is if ________ increases faster than ________

A) population; production B) population; income C) population; GDP per capita D) production; population

Economics

An increase in the expected price level shifts the

a. short-run and long-run aggregate supply curves left. b. the short-run but not the long-run aggregate supply curve left. c. the long-run but not the short-run aggregate supply curve left. d. neither the long-run nor the short-run aggregate supply curve left.

Economics