Firms That Are Involved in More Than One Type of Business

question 187

Multiple Choice

Firms that are involved in more than one type of business could be evidence of an attempt to

• A)increase private profit at the expense of consumers.
• B)internalize some forms of positive externalities.
• C)reduce the impact of government regulations on their business.
• D)increase the private marginal cost of production.

---

Definitions:

Liquids

A state of matter characterized by an indefinite shape that conforms to the shape of its container, but with a definite volume.

Solids

Materials with a fixed shape and volume, characterized by strong intermolecular forces.

Density

A physical property defined as the mass per unit volume of a substance, often used to identify or characterize materials.

Volume

The amount of space that an object or substance occupies, measured in cubic units.