Which of the Arguments Staples and Office Depot Made in Defense

question 67

Multiple Choice

Which of the arguments Staples and Office Depot made in defense of their proposed merger would be least defensible on economic grounds?

• A)There would be substantial economies of scale.
• B)The two firms were in competition with all other office supply stores, not just office supply superstores.
• C)The history of low pricing by the two stores meant that they would not raise prices in the future after they merged.
• D)Entry into the office supply market is relatively easy.

---

Definitions:

Null Hypothesis

In statistical testing, a hypothesis that assumes there is no significant difference or effect, serving as the default assumption to test against.

Null Hypothesis

A hypothesis in statistical inference and hypothesis testing that suggests no significant effect or relationship exists in the data.

Critical Value

A threshold value in hypothesis testing, beyond which we reject the null hypothesis in favor of the alternative hypothesis.

P-Value

A measure in statistical hypothesis testing that helps in determining the significance of the results.