When a Company Merges with Another Company That Is Not

question 26

Multiple Choice

When a company merges with another company that is not a competitor or a buyer or seller to the company,that merger is called a merger.

• A)Joining
• B)Horizontal
• C)Vertical
• D)Predatory
• E)Conglomerate

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Definitions:

High Levels

Refers to quantities or amounts that are considerably above the average or typical range.

Output

The amount of products or services generated by a company, sector, or economic system within a specific timeframe.

Constant Returns

Refers to a situation in production where increasing the inputs by a certain factor results in output increasing by the same factor.

Production Functions

A mathematical expression that describes the relationship between inputs and the maximum output that can be produced with those inputs.