This topic contains a solution. Click here to go to the answer

Author Question: The textbook rejects the cost-plus-markup theory of price setting because A) business firms do ... (Read 99 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
The textbook rejects the cost-plus-markup theory of price setting because
 
  A) business firms do not describe their price-setting procedures as cost-plus procedures.
  B) competitors and monopolists set prices in different ways.
  C) it cannot explain the prices we actually observe.
  D) it ignores the role of government in regulating prices.
  E) no single theory can explain all price-setting.

Question 2

A merger between a firm extracting petroleum and a firm refining petroleum is a
 
  A) conglomerate merger.
  B) diagonal merger.
  C) horizontal merger.
  D) vertical merger.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amandanbreshears

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

C

Answer to Question 2

D




2125004343

  • Member
  • Posts: 566
Reply 2 on: Jun 29, 2018
Gracias!


sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

For a complete list of videos, visit our video library