If Two Firms That Were Previously in Competition with Each

question 50

Multiple Choice

If two firms that were previously in competition with each other merge, the merger is called a(n) :

• A) vertical merger
• B) complete merger
• C) competition merger
• D) antitrust merger
• E) none of the other choices are correct

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Definitions:

Interest Rates

The cost of borrowing money or the return on savings, expressed as a percentage of the principal amount per period.

Department of Housing and Urban Development

A U.S. government department responsible for national policies and programs that address America's housing needs, improve and develop the nation's communities, and enforce fair housing laws.

Mortgage Loans

Loans secured by real property through the use of a mortgage note, typically used to purchase real estate.

Moderate Incomes

Earnings that are neither too high nor too low, often associated with the middle class in a given society.