Horizontal integration allows firms to do all of the following except
a. take advantage of cost savings due to economies of scale.
b. reduce administrative costs.
c. create brand identity.
d. fully integrate with primary care clinics and acute care nursing facilities.
D
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The relationship that tells us how much a person intends to spend at various levels of income is
A) the expenditure function. B) the consumption function. C) the buying function. D) the spending function.
Xanadu Corp has issued 90 million shares of stock, and it has no plans to issue any more in the near future. If the demand for Xanadu stock increases,
a. the price and quantity of Xanadu stock will both increase b. the price and quantity of Xanadu stock will both decrease c. the price will remain constant, and the quantity of Xanadu stock will increase d. the quantity of Xanadu stock will remain constant, and the price will increase e. the price will increase, and the quantity of Xanadu stock will decrease