A conglomerate merger involves combining firms
A. involved in the same industry.
B. that are based in different countries.
C. from unrelated industries.
D. that control various stages of the production of a particular good from raw materials to finished manufacture.
C. from unrelated industries.
Economics
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The above table has the demand and supply schedules for money. What is the equilibrium nominal interest rate?
A) 8 percent B) 7 percent C) 6 percent D) 5 percent E) 9 percent
Economics
For a good such as a large screen HD television set, the income elasticity would likely be
A) negative. B) equal to zero. C) positive and less than one. D) positive and greater than one. E) undefined because large screen, HD TVs are bought by many consumers.
Economics