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:

Z-score

A measure of how many standard deviations an element is from the mean; used in statistics for standardizing scores.

Symmetrical Area

An area where two sections of a distribution or figure are mirror images of each other, indicating balance around a central point.

Value

The significance or worth of something, often numerical, but can also be qualitative in context such as moral values.

Normal Random Variable

A variable that is distributed according to the normal distribution, characterized by its mean and standard deviation.