Which of the following is an example of a backward linkage?
a. A car industry creates a need for car dealerships.
b. A compact disc industry creates a need for CD players.
c. The development of a shoe industry creates a demand for a leather industry.
d. An increase in the population increases the demand for food.
e. New educational facilities improve the literacy rate of the population.
C
Economics
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Conglomerate mergers involve more than two firms
a. True b. False
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The lending ability of the banking system increases if the:
a. Reserve ratio rises. b. Preferred asset ratio for customary reserves rises. c. Preferred asset ratio for near money rises. d. Demand to hold money rises. e. All of the above.
Economics