The joining of firms that are producing or selling a similar product is known as

A) a conglomerate merger.
B) a horizontal merger.
C) a vertical merger.
D) economies to scale.

B

Economics

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Explain the rules for finding maximum profit using total revenue and total cost and marginal revenue and marginal cost

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According to supply-side theory, which of the following would shift the aggregate supply curve leftward?

A. Lower marginal tax rates. B. An increase in the money supply. C. Government deregulation. D. An increase in unemployment and welfare benefits.

Economics