Sara Needs to Work to Ensure That Her Children Have

question 13

Multiple Choice

Sara needs to work to ensure that her children have a good life and receive a good education at a private school.However,she cannot find work in her country that will meet her economic needs and she must travel to a more developed country and send money home.This situation is an indication that a government policy has failed to deliver its economic promise.Which policy is it?

• A) globalization
• B) modernization
• C) neoliberalism
• D) communism

Describe the various motives behind company mergers.

Understand the differentiation among types of mergers.

Recognize the economic and operational advantages of mergers.

Identify reasons for mergers and their success or failure.

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Definitions:

Producer Surplus

The difference between what producers are willing and able to sell a product for and the actual price they receive, representing the extra benefit to producers.

Consumer Surplus

The difference between the total amount that consumers are willing to pay for a good or service and the total amount they actually pay.

Quantity Demanded

The overall quantity of a product or service that buyers are prepared and can afford to buy at a certain price point, during a specific period.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price over a specific time period.