Which of the following describes a corporate merger?

a. When two firms join to form a new firm
b. When one firm buys another firm
c. When a firm splits to form two new firms
d. When a firm sells part of itself to another firm

a. When two firms join to form a new firm

Economics

You might also like to view...

If the wheat industry is perfectly competitive with a market price of $4 per bushel and Farmer Brown charged $5 per bushel, how many bushels would Farmer Brown sell?

A) some, but fewer than he would at a price of $4 B) more than he would at a price of $4 C) just as many as he would at a price of $4 D) none E) More information is needed about the prices charged by the other wheat farmers.

Economics

If a person can make $70,000 as an accountant, $60,000 as a chef, $20,000 as a mechanic, and nothing as an opera singer, he or she has a comparative advantage in

A) accounting. B) being a chef. C) being a mechanic. D) opera singing.

Economics