The Relative Infrequency of Government-Forced Breakups in Recent Years May

question 32

Multiple Choice

The relative infrequency of government-forced breakups in recent years may be due to

• A)decreased profitability of U.S.firms.
• B)greater international competition.
• C)government reaction to losing many court cases.
• D)the inability of government to decide which action to take.
• E)the decreased effectiveness of merger policy.

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Definitions:

Constant Returns To Scale

a condition in production where increasing the inputs by some proportion leads to an increase in output by the same proportion.

Physical Capital

Physical assets including facilities, tools, and machines utilized for manufacturing products and providing services.

Structures

The arrangement or organization of interconnected elements, which can pertain to physical buildings or systemic frameworks within a context.

Equipment

Tools or machinery necessary for a particular activity or purpose.