When Two or More Corporations Merge into One, the ________

question 81

Multiple Choice

When two or more corporations merge into one, the ________ is the term for the remaining corporation.

• A) resulting corporation
• B) standing corporation
• C) approved corporation
• D) surviving corporation
• E) persisting corporation

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Definitions:

Long Run

A time frame where every production factor and cost can change, providing complete flexibility to adapt to new situations.

Short-Run Supply

The supply of goods that exists when producers are able to change the quantity of the good produced in response to changing prices, typically within a limited time frame.

Curve

A graphical representation of the relationship between two or more variables in a coordinate system, often used in economics to illustrate supply and demand.

Shutdown Point

The level of operation at which a company does not benefit from continuing operations and may decide to temporary halt production—it's where marginal cost equals average variable cost.