Firms often consolidate industries through horizontal mergers and acquisitions to increase their market power.
<h3>What is
market?</h3>
- A market is a collection of systems, institutions, processes, social relationships, or infrastructures in economics that allow parties to exchange goods and services.
- While parties may trade goods and services for money, the majority of markets rely on sellers providing their wares or services—including labor—to customers in exchange for payment.
- A market, in this sense, is the mechanism by which the costs of goods and services are decided.
- Markets enable distribution and allocation of resources in a community and facilitate trade.
<h3>What purpose do markets serve?</h3>
- Markets are crucial.
- They serve as the exchange mechanism for corporate stock and provide access to funds for firms.
- Markets have a key role in how prices are set, how liquidity is transformed, and how businesses may meet customer wants.
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I think so, but there may be some exceptions--if any.
Answer:
The solution is given in the table file attached below
Explanation:
Answer:
For chain stores, prices are uniform in all branches while for departmental stores, each department sets its own price. Chain stores sell similar goods while departmental stores deal with different line of goods.
Explanation:
Areas set up to attract foreign investments by allowing the importation of raw and intermediate materials without paying tariffs are called "duty-free zones".
