What Is the Type of Merger Where Two or More

question 29

Multiple Choice

What is the type of merger where two or more firms at different stages of production of a given product or service are combined so the firms have a buyer-seller relationship?

• A) an upward merger
• B) a horizontal merger
• C) a vertical merger
• D) a conglomerate merger

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Definitions:

Henry George

Henry George was a 19th-century economist and social philosopher known for his advocacy for a single tax on land value to address social inequalities.

Single Tax

Single tax refers to a fiscal policy proposal where one type of tax, often on land value, replaces all other taxes to simplify the tax system and address economic inequality.

Free and Nonreproducible

Goods or services that are available without cost but cannot be duplicated or created again in the exact form.

Nature

The physical world collectively, including plants, animals, landscapes, and other features and products of the earth as opposed to humans or human creations.