Examlex
A local lumber company's purchase of a window and door manufacturer is an example of which of the following type of merger?
Price Elasticity of Supply
An economic measure of how much the quantity supplied of a good changes in response to a change in price.
Equilibrium Values
The set of prices or quantities in a market or economic model where supply equals demand, and no incentive exists for change.
Cyclical Industries
Industries in which sales tend to magnify cyclical changes in gross domestic product and national income.
Business Earnings
The profit made by a business over a period of time, indicating its financial performance and profitability.
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