Horizontal integration is when a company buys out their competitors or other companies in the same field as them in order to decrease price competition, and consumers will have no choice but to purchase from Carnegie.
Therefore, by buying out his competitors, such as Allegheny Steel, Carnegie used the concept of horizontal integration to build up his monopoly of the steel industry.
The answer depends on a crucial information that it is not provided, the purchasing power of those potential customers, but it still it is possible to reason how the demand and supply of membership would work.
- Surplus of memberships would take place when in the gym market there is a shortage of demand. This situation occurs when there are less customers willing to purchase the product at 45$ than the number of memberships that are available. To claim if this is the case in the example we would need to know the structure of the demand function in this market.
- Shortage of memberships takes place when in the gym market there is a excess of demand. The price is afforded by a number of customers which exceeds the amount of memberships available. Therefore, some rationing mechanism would be necessary to fix who will get the membership and who will not. Again, it would be necessary to know who the demand function works.
It made sure to be a "surprise attack". Led by <span>Osceola, </span>Seminoles used the technique.<span> O</span>f course it would be affective since the other party would have little to no preparations for fighting.
One aspect of roman culture that was maintained in Byzantine empire was through the use of Latin language
This was an important fete noting that Eastern Rome hosted people from multi ethnic backgrounds. There were Greeks,and other ethnic people in the empire, which also retained Christianity as an official language.
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In this question, there are no options provided to choose from. I hope my answer will help you and honestly this question does not need any options at all. This golden mask was found in the tomb of Tutankhamun, and it provided new information to historians about the Egyptian culture. The name of his father was Amenhotep IV.
