A Merger Between Two Firms Producing Different Products May Experience

question 9

Multiple Choice

A merger between two firms producing different products may experience

• A)increasing returns.
• B)economies of scale.
• C)economies of scope.
• D)increasing marginal product.
• E)decreasing marginal cost.

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Definitions:

Lakes

Large bodies of water surrounded by land, usually freshwater and derived from glacial activity, tectonic movements, or old river beds.

Snake River Plain

A geographic feature in the U.S. characterized by a wide, flat valley cutting through Idaho, known for its volcanic geology.

Groundwater

Water that is located beneath the earth's surface in soil pore spaces and in the fractures of rock formations.

Huge Springs

Large natural outlets where groundwater flows out of the ground, often the result of an aquifer being filled to the point that the water overflows onto the land surface.