Which of the Following Describes Vertically Integrated Corporations

question 85

Multiple Choice

Which of the following describes vertically integrated corporations?

• A) These corporations concentrated on one function in the production process.
• B) They made it difficult for a few corporations to monopolize an industry.
• C) Such corporations controlled all aspects of their operations' businesses.
• D) These corporations operated using predatory pricing.

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Definitions:

Prices

The amount of money or exchange value that is asked for goods and services in the market.

Monthly Income

The total amount of income received on a monthly basis from all sources including wages, salaries, benefits, and investments.

Hot Dog

A cooked sausage, traditionally grilled or steamed and served in a sliced bun as a fast-food.

Price

The quantity of cash forecasted, demanded, or paid in return for an item.