A Possible Advantage of a Horizontal Merger for the Economy

question 158

Multiple Choice

A possible advantage of a horizontal merger for the economy is that

• A)the merging firms could avoid losses.
• B)the merged firm might reap economies of scale which could translate into lower prices.
• C)the degree of competition in the industry will be intensified.
• D)the government stands to collect more corporate income tax revenue.

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Definitions:

Postoperative Patients

Individuals who are in the recovery phase following a surgical procedure.

Total Patient Care

A holistic approach to healthcare where the focus is on treating the patient as a whole, considering all aspects of wellbeing.

Critical Care

Specialized medical care provided to patients with life-threatening illnesses or injuries, requiring close, continuous attention by a team of specially-trained health professionals.

Accountable

Being responsible for one's actions or decisions, often with an obligation to report, explain, or justify them.