Author Question: A conglomerate is ________ a. a giant corporation composed of many smaller corporations. b. a ... (Read 52 times)

olgavictoria

  • Hero Member
  • *****
  • Posts: 528
A conglomerate is ________
 
  a. a giant corporation composed of many smaller corporations.
  b. a corporation in the manufacturing sector.
  c. a corporation engaged in both legal and illegal activity.
  d. any company that completely dominates a market.

Question 2

The concept oligopoly refers to ________
 
  a. any corporation with more than 1 billion in sales.
  b. the largest company in a particular field.
  c. domination of a market by a few producers.
  d. a large company operating in all three economic sectors.



lucas dlamini

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

Answer: a

Answer to Question 2

Answer: c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

For a complete list of videos, visit our video library