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Author Question: A merger of two price-making firms producing identical products will (Read 82 times)

jc611

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on: May 25, 2020

Question 1

Which of the following statements is FALSE?
◦ Mergers may increase total profit.
◦ Mergers may enable faster growth than internal expansion.
◦ Mergers may increase market power.
◦ Mergers do not require the agreement of both firms.

Question 2

A merger of two price-making firms producing identical products will
◦ make the new firm's demand curve more elastic than the unmerged firms'.
◦ increase the level of competition in the market.
◦ lower the 5-firm concentration ratio.
◦ make the new firm's demand curve less elastic than the unmerged firms'.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by jc611 on May 25, 2020

soda0602

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jc611

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Reply 2 on: May 25, 2020
Excellent

Joy Chen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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