Horizontal Merger The Following Questions Refer to the Accompanying Diagram, Which Shows

question 71

Multiple Choice

Horizontal Merger

The following questions refer to the accompanying diagram, which shows the effects of a horizontal merger. Before the merger, the firm behaves competitively producing Q0 and charging P0. The merger lowers the firm's marginal cost and gives the firm enough market power to switch to the monopoly equilibrium.


-Refer to Horizontal Merger.The result of the merger is

• A) a decrease in marginal costs.
• B) an increase in the quantity supplied.
• C) a decrease in the price.
• D) an increase in consumer surplus.

---

Definitions:

Genomic Imprinting

An epigenetic phenomenon where certain genes are expressed in a parent-of-origin-specific manner, meaning that the expression of the gene is different depending on whether it is inherited from the mother or the father.

Syndrome

A collection of symptoms that consistently occur together or a condition characterized by a set of associated symptoms.

Dizygotic Twins

Also known as fraternal twins, are two offspring born from the same pregnancy but fertilized by two different eggs and thus genetically distinct.

Monozygotic Twins

Identical twins originating from a single fertilized egg, resulting in genetically identical individuals.