Mergers are closely scrutinized by the government because

A) they might allow the firms involved to dominate the market and act as a legalized cartel (monopoly).
B) they always result in a more efficient market.
C) they always result in lower joint profits of the firms involved.
D) all mergers are undesirable.

A

Economics

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Your real disposable income is your real income after you have paid

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In the above figure, when income is zero, household expenditures equal

A) 0. B) $1000. C) $4000. D) $8000.

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