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Author Question: If a company that drilled for and produced oil acquired a firm which refined oil into gasoline, this ... (Read 68 times)

dmcintosh

  • Hero Member
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  • Posts: 517
on: Jun 29, 2018
If a company that drilled for and produced oil acquired a firm which refined oil into gasoline, this would be referred to as a
 
  A) horizontal merger.
  B) vertical merger.
  C) conglomerate merger.
  D) reverse merger.

Question 2

An effective government imposed price ceiling will result
 
  A) in a surplus on the market.
  B) in a shortage on the market.
  C) in additional revenue for the government.
  D) in prices for the product falling in the future.


cdmart10

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  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


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