The government carefully monitors horizontal mergers because t<span>he resulting single firm might gain monopoly power in its market, and the government doesn't want it to become a monopoly.</span>
Answer: The answer has been attached below
Explanation:
Financial statements are the formal records of financial activities and position of an individual, a business, or other entity. The relevant financial information is typically presented in a structured manner and in an understandable form.
Financial statements can include balance sheet, income statement, statement of cash flows, the notes to accounts and statement of changes in equity.
The solution to the question is attached.
Answer:
B. If the marginal benefit of the good is greater than the marginal cost
Explanation:
Marginal benefit is the incremental benefit derived from producing an extra unit of a good. Marginal cost is the incremental cost of producing an additional unit of the good.
When marginal benefit is greater than its marginal cost, the excess of marginal benefit over marginal cost shows that the product is beneficial to society so an extra unit of the good should be produced and consumed.