Dominant Firms That Formed in Several Industries in the U

question 48

Multiple Choice

Dominant firms that formed in several industries in the U.S. in the 1870s and 1880s, which assigned control to a single decision group, were referred to as

• A)trusts.
• B)mergers.
• C)tying contracts.
• D)single-seller monopoly.

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Definitions:

Reaction

A process where substances, known as reactants, are converted into different substances, referred to as products, through chemical change.

Reaction

An action where materials combine and create new compounds that possess distinct characteristics.

Notations

Symbols and signs used in various fields such as mathematics, music, and literature to represent specific concepts, quantities, and operations.

Two-way Tables

A type of table used to display frequencies for two categorical variables, showing the relationship between them.