Greater Control Over the Acquisition of Raw Materials or the Distribution

question 156

Multiple Choice

Greater control over the acquisition of raw materials or the distribution of finished goods is an economic benefit of a ________.

• A) congeneric merger
• B) conglomerate merger
• C) horizontal merger
• D) vertical merger

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Definitions:

Demand Curve

A chart that illustrates the connection between a product's price and the amount of the product buyers are prepared to buy.

Change In Income

The difference in an individual's or household's income over a specific period, indicating an increase or decrease.

Demand

The desire for a particular product or service combined with the ability and willingness to pay for it.

Complementary Goods

Complementary Goods are products or services that are often used together, where the demand for one increases the demand for the other, like smartphones and data plans.