Author Question: Which of the following best illustrates a vertical merger. a. GM merges with Chrysler b. Nike ... (Read 68 times)

joblessjake

  • Hero Member
  • *****
  • Posts: 555
Which of the following best illustrates a vertical merger.
 a. GM merges with Chrysler
  b. Nike merges with Kraft Foods
  c. Microsoft merges with Dell
  d. UPS merges with FedEx
  e. Apple merges with IBM

Question 2

To maximize profit, a perfectly competitive firm that decides not to shut down will choose the rate of output at which
 a. price is highest
  b. price minus average total cost is maximized
  c. price equals marginal cost
  d. total revenue is maximized
  e. average total cost is minimized



leahm14

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

For a complete list of videos, visit our video library