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Igoryamba
3 years ago
11

The Department of Justice and the Federal Trade Commission must define the relevant market when determining whether to allow a m

erger. How do economists identify the relevant​ market? The relevant market has been identified if A. a technological advance results in lower​ prices; otherwise, the market is too broadbroad. B. a price increase results in higher​ profits; otherwise, the market is too narrow. C. an increase in output results in a decrease in average​ costs; otherwise, the market is too narrownarrow. D. an increase in profits results in new firms​ entering; otherwise, the market is too broadbroad. E. a price increase results in lower​ sales; otherwise, the market is too narrownarrow.
Business
1 answer:
emmainna [20.7K]3 years ago
6 0

Answer:

The correct answer is letter "B": a price increase results in higher​ profits; otherwise, the market is too narrow.

Explanation:

When firms are interested in acquisitions or mergers they have to determine if the target company is part of a relevant market. The term refers to the competitive conditions that offer the economy where the target company is located. The relevant market also considers the type of product or service the target company offers.

<em>Relevant markets optimal for mergers are those where an increase in prices generates more revenue for firms. If there are too many competitors offering undifferentiated products, the market will not allow organizations to profit from price increases. Those markets, then, are too narrow.</em>

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Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As a consultant,
Naddika [18.5K]

Answer:

$380

Explanation:

Ziva's total cost of farming is composed of two different costs: explicit and implicit costs.

Explicit cost is an out-of-pocket cost that a person incurs to carry out a particular business activity. It is sort of, a business-related expense for which the business pays. In Ziva's case, it is $130, the cost of the seeds

Implicit costs are opportunity costs. An opportunity cost refers the benefits an individual, investor or business misses out on when opting for one alternative in preference of another. In our case, it amounts to $250($25*10 hours)

Thus, Ziva's cost of farming

= $130 +( $25*10) = $130 +$250 = $380

5 0
3 years ago
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Anna71 [15]

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3 0
3 years ago
Lorraine works for a company that does not pay very well. She relies heavily on extra paychecks that her company gives out a cou
Nataliya [291]

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Explanation:

In this scenario, an extrinsic reward used here is the bonus pay plan. An extrinsic reward simply means a reward that is being given to the employee of a particular company after a particular thing has been achieved.

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3 0
3 years ago
is the organization providing a charitable or public service? if so, what is it? will the company still have profit to motive?
deff fn [24]
Here is the answer to your question
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4 0
3 years ago
Which of the following statements is most correct? Select one: a. If a bond sells for less than par, then its yield to maturity
vladimir1956 [14]

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