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question 31

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Use the following to answer questions :
Figure: Cold Drinks Sold and Temperature Use the following to answer questions : Figure: Cold Drinks Sold and Temperature   -(Figure: Cold Drinks Sold and Temperature)  Look at the figure Cold Drinks Sold and Temperature. If we move from point B to point C in the figure, the outside temperature has ______ degrees and the number of cold drinks sold has ______. A) decreased by 30; decreased by 30 B) increased by 20; increased by 20 C) increased by 30; increased by 30 D) increased by 40; increased by 40
-(Figure: Cold Drinks Sold and Temperature) Look at the figure Cold Drinks Sold and Temperature. If we move from point B to point C in the figure, the outside temperature has ______ degrees and the number of cold drinks sold has ______.


Definitions:

Vertical Merger

The merger of one or more firms engaged in different stages of the production of a particular final good.

Antitrust Cases

Legal disputes focused on stopping or managing businesses that violate competition laws designed to promote market fairness and prevent monopolies.

Herfindahl Index

A measure of market concentration and competition, calculated as the sum of the squares of the market shares of all firms within an industry.

Clayton Act

A U.S. antitrust law enacted in 1914 aimed at promoting fair competition and preventing monopolies.

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