A horizontal merger between two firms occurs when
a. the goods produced by the merging firms are not related
b. one firm produces goods while the other produces services
c. one firm is a domestic firm and the other is a foreign firm
d. the firms were in a buyer-seller relationship before the merger
e. the merging firms produce identical or close substitute goods
E
Economics
You might also like to view...
The protection of rights is an all-or-nothing proposition
a. True b. False
Economics
In nonlinear models, the expected change in the dependent variable for a change in one of the explanatory variables is given by
A) ?Y = f(X1 + X1, X2,... Xk). B) ?Y = f(X1 + ?X1, X2 + ?X2,..., Xk+ ?Xk)- f(X1, X2,...Xk). C) ?Y = f(X1 + ?X1, X2,..., Xk)- f(X1, X2,...Xk). D) ?Y = f(X1 + X1, X2,..., Xk)- f(X1, X2,...Xk).
Economics