In General, Horizontal Mergers Will

question 275

Multiple Choice

In general, horizontal mergers will

• A) increase the number of firms in an industry.
• B) decrease the number of firms in an industry.
• C) increase competition in an industry.
• D) reduce economic profits in an industry.

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Definitions:

Explicit Motives

Refers to motivations that are consciously recognized and can be verbally expressed by an individual.

Cognitive Performance

The ability to perform tasks that require attention, memory, reasoning, problem solving, and decision-making.

Power Motive

A psychological drive that influences a person's desire to attain control, influence, or authority over others.

Self-Determination Theory

A theory of motivation that emphasizes the role of individuals' innate psychological needs in the development of personality and self-regulation.