If e-books begin to be the most popular form of textbooks, it is
A. in the best interests of internet book sellers.
B. likely to be self-defeating for publishers.
C. in the best interests of publishers and authors.
D. likely to increase costs to students.
Answer: C
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Which of the following events could result in the consumption function shifting from CF0 to CF2?
A) an increase in disposable income B) an increase in expected future income C) a decrease in wealth D) a decrease in the real interest rate E) a decrease in disposable income The figure above shows two aggregate expenditure lines.
If two steel firms decide to merge, this merger would be classified as:
a. a horizontal merger. b. a vertical merger. c. a conglomerate merger. d. either a vertical or conglomerate merger depending on the nationality of the companies. e. either a vertical or conglomerate merger depending on the market shares of the two companies.