If two large firms from different industries merge,

a. industry concentration rises
b. industry concentration falls
c. the total assets of the top 200 firms in the country will stay the same
d. industry concentration rises in one market and falls in the other
e. industry concentration is not affected

E

Economics

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The terms of trade for the American farmer during the last part of the 19th century

a. were made worse by political unrest. b. were caused by a decrease in the supply of agricultural products. c. could be enhanced by mechanization. d. worsened in part due to increased mechanization. e. Both c and d are correct.

Economics

Wages in American industry are very high because of wage laws

a. True b. False Indicate whether the statement is true or false

Economics