Refer to the Following Distribution: What Is the Class

question 54

Multiple Choice

Refer to the following distribution: What is the class midpoint for the $45 up to $55 class?

• A) 49
• B) 49.5
• C) 50
• D) 50.5

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Definitions:

Vertical Merger

A vertical merger occurs between two companies that operate at different levels within an industry's supply chain, typically aimed at increasing efficiencies or reducing costs.

Horizontal Merger

A business consolidation that occurs between companies operating in the same industry or production stage.

Conglomerate Merger

A merger between companies that operate in completely different industries, creating a conglomerate of businesses under one corporate group with diversified interests.

Market Share

The percentage of an industry's total sales that is earned by a particular company over a specified time period, indicating the company’s size relative to its competitors.