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A merger will likely lessen competition if
a) they are very beneficial to consumers
b) less concentration on the market results
c) it enables the new single firm to raise price
d) both b and c above are correct answers
Business Economics, Economics
In 2009, the hershey company of pennsylvania became the latest company to open a candy factory in mexico, joining other american candy companies including brach's confections and ferrara pan candy, which had opened plans ...
How the Manager use the information "supposed the macroeconomic forecast predict that the economy will be expanding in the near future" in an organization?
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Assume that a salesman learned the price elasticity of demand for his products is -2.0. How many percent will increase in the total sales (revenue) if he cuts the price by 10%? Show your calculation process.
What are the main things to remember about elasticity, supply and demand, tax incidence, government controls on the market, and economic theories?
suppose the lifetime of a particular appliance follows an exponential distribution with a mean of 10 years. what is the probability that the appliance will fail in more than 5 years?
A researcher conducted a one-sample z -test with alpha set to 0.05, and calculated a test statistic of 1.99. The null hypothesis was H 0 : μ = 500 and the critical values were +1.96 and -1.96. Which is the most appropr ...
What is the theory of consumer choice and how it consumers facing trade-offs make decisions and how they respond to changes in their environment?
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