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23) A merger between a textile mill and a clothing manufacturing company would be considered a A. horizontal merger B. vertical merger C. conglomerate merger D. diagonal merger
A merger between a textile mill and a clothing manufacturing company would be considered a verticle merger. A vertical merger involves firms that have a current or potential buyer-seller relationship. Read more: Types of Business Mergers | eHow.com
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User: 23) A merger between a textile mill and a clothing manufacturing company would be considered a A. horizontal merger B. vertical merger C. conglomerate merger D. diagonal merger

Weegy: A merger between a textile mill and a clothing manufacturing company would be considered a verticle merger.
A vertical merger involves firms that have a current or potential buyer-seller relationship.

Read more: Types of Business Mergers | eHow.com


User: 24) A merger between a baby food company and a life insurance company would be considered a A. horizontal merger B. vertical merger C. conglomerate merger D. diagonal merger

Weegy: Conglomerate merger.
jdnic|Points 10|

User: 25) From the point of view of consumer and producer surplus, what problem may be created when a country subsidizes the cost of energy to consumers to help alleviate the burden of higher energy costs? A. It hurts the poor and benefits the rich. B. It leads to less fuel being used than the amount that maximizes consumer surplus. C. It encourages the consumption of too much fuel at the expense of other goods. D. It has no effect; consumers gain a surplus, but taxpayers lose the same amount because they must finance the subsidy.

Weegy: B. It leads to less fuel being used than the amount that maximizes consume
jeifunk|Points 7942|

User: 26) Suppose people freely choose to spend 40 percent of their income on health care, but the government decides to tax 40 percent of a person's income to provide the same level of coverage as before. What can be said about deadweight loss in each case? A. Taxing income results in deadweight loss, while purchasing health care on one's own does not result in deadweight loss. B. Taxing income results in less deadweight loss, because government knows better what health care coverage is good for society. C. There is no difference because the goods are purchased in the market in either case. D. There is no difference because the total spending remains the same and the health care purchased remains the same.

Weegy: B. Taxing income results in less deadweight loss, because government knows better what health care coverage is good for
Booknerd_lizzy|Points 350|

User: 27) The U.S. textile industry is relatively small because the US imports most of its clothing. A clear result of the importation of clothing is A. there is less variety available than there would be without imports B. the quality of clothing is lower than it would be without imports C. the price of clothing is higher than it would be without imports D. the price of clothing is lower than it would be without imports

Weegy: A clear result of the importation of clothing is D. the price of clothing is lower than it would be without imports.
OxTornado007|Points 6299|

User: 28) Countries can expect to gain from international trade as long as they A. keep production diversified B. specialize according to their comparative advantage C. produce only those goods for which they have a relatively high opportunity cost D. use trade restrictions to reduce competition for domestic producers

Weegy: Countries can expect to gain from international trade as long as they: specialize according to their comparative advantage.
debnjerry|Points 40685|

User: 29) Which of the following is an example of the law of one price? A. Exchange rates tend to have equivalent values. For example, one Italian lire equals one U.S. dollar. B. Because people have essentially the same basic needs wherever they live, they tend to buy the same bundle of goods. C. Because wages are so much lower in China, eventually all U.S. jobs will be outsourced to China, leaving the US to import all goods at one price. D. Because their countries have similar institutions, the price paid for a computer in Germany and the United States are about the same when converted into the same currency.

Weegy: Which of the following is an example of the law of one price? D. Because their countries have similar institutions, the price paid for a computer in Germany and the United States are about the same when converted into the same currency. [ Feedback: The law of one price states that wages of workers in one country will not differ significantly from the wages of workers in another institutionally similar country. Exchange rates might change to equilibrate these salaries. ]
Expert answered|yeswey|Points 56|

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Asked 11/26/2012 8:34:28 AM
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