Refer to Horizontal Merger. The result of the merger is
a. a decrease in marginal costs.
b. an increase in the quantity supplied.
c. a decrease in the price.
d. an increase in consumer surplus.
a. a decrease in marginal costs.
Economics
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People will buy more of a normal good when their income decreases
Indicate whether the statement is true or false
Economics
By taking the long position on a futures contract of $100,000 at a price of 115 you are agreeing to ________ a ________ face value security for ________
A) sell; $100,000; $115,000. B) sell; $115,000; $100,000. C) buy; $100,000; $115,000. D) buy; $115,000; $100,000.
Economics