The Fourth Merger Wave Began in 1982 and Involved _____

question 173

Multiple Choice

The fourth merger wave began in 1982 and involved _____ mergers.

• A)horizontal
• B)vertical
• C)conglomerate
• D)horizontal and vertical
• E)diagonal

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Definitions:

Normal Good

A type of good for which demand increases as the income of individuals increases, indicating a direct relationship between income and demand.

Demand-Increasing Factor

Elements or conditions that lead to an increase in demand for a product or service, such as a rise in consumer income or a change in tastes.

Medicaid Program

A joint federal and state program that helps with medical costs for people with limited income and resources.