Baxter International, a manufacturer of hospital supplies, acquired American Hospital Supply, a distributor of hospital supplies. This is an example of
A) a two-dimensional merger. B) a conglomerate merger.
C) a vertical merger. D) a horizontal merger.
C
Economics
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In peak-load pricing,
A) marginal revenue is equal in both periods. B) marginal revenue in the peak period is greater than in the off-peak period. C) marginal revenue in the peak period is less than in the off-peak period. D) the sum of the marginal revenues is greater than the sum of the marginal costs.
Economics
Which of the following can lead to an oligopoly?
a. Product differentiation b. Existence of too many sellers c. Some form of barrier to entry d. Availability of close substitutes
Economics