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Tidy Tidy
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Posts: 4852
8 years ago
When a proposed merger between two companies is reviewed by the government, the relevant market is defined by
A) whether or not there are close substitutes for the products of the two firms.
B) how elastic the demand is for each firm's product.
C) counting the number of firms that produce the same product.
D) how much advertising is done in the industry.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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8 years ago
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