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sergey [27]
3 years ago
5

Why would a merger reduce costs? Why would a merger increase markups? Why do many mergers fail nonetheless?

Business
1 answer:
Yuri [45]3 years ago
5 0
Costs are reduced because they are shared and also one firm may offer services that it has specialised in at reduced costs
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what are products that consumers demand less of when their income rises

Products that consumers demand less when their income rises are referred to as inferior goods

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It is a natural phenomenon in economics that when there is an income rise from the consumers end, it changes their taste for a higher one which makes demand for some goods less and tagged them as being inferior

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