The Following Values Represent the Amount of Dollars 10 People

question 7

Multiple Choice

The following values represent the amount of dollars 10 people have in their wallets:
10, 12, 19, 5, 6, 8, 1,13, 4, 7
What is the mean?

• A)9
• B)6.82
• C)8.5
• D)7.72

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Definitions:

Conglomerate Merger

A merger between companies operating in different industries, aimed at diversification or expansion of a corporate portfolio.

Vertical Merger

The combination of two or more companies involved in different stages of the production process of the same good or service.

Marketing Chain

The marketing chain refers to the sequence of intermediaries that goods or services pass through from the producer to the final consumer.

Deregulated

The reduction or elimination of government power in a particular industry, usually enacted to encourage competition and increase efficiency.