Backward Integration Is Effective in All of These Except

question 91

Multiple Choice

Backward integration is effective in all of these except

• A)when present suppliers have high profit margins.
• B)when an organization has both capital and human resources to manage the new business of supplying its own raw materials.
• C)when an organization needs to acquire a needed resource quickly.
• D)when an organization competes in an industry that is growing rapidly.
• E)when the advantage of stable prices are not important.

Analyze the changes in consumer and producer surplus due to shifts in market price.

Understand the concept and implications of market equilibrium in maximizing total surplus.

Identify the areas representing consumer and producer surplus on a graph.

Understand the concept of deadweight loss and its causes.

---

Definitions:

Diagnosed

The identification of a disease or condition by its signs, symptoms, and possibly testing, often leading to treatment or intervention.

Neurologically Immature

A condition where an individual's nervous system has not reached full development, potentially impacting various aspects of functioning.

Maintain Attention

The ability to focus one's concentration on a task or activity over a period of time without being distracted.

Clozapine

An atypical antipsychotic medication used in the treatment of schizophrenia, particularly for patients who are unresponsive to other treatments.