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Matching Post Quiz
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Match the correct answers below.
1


A merger that occurs when two firms at different stages of the production process combine.

2


Will charge each class of customer the fully distributed average cost of the type of service they are purchasing.

3


Government rules or market incentives designed to control the price, sale, or production decisions of firms.

4


Will result in the ideal price setting target for economic efficiency.

5


Arise when a number of different products can be produced more efficiently together than apart.

6


An antitrust act.

7


A merger in which companies in the same industry combine.

8


Helps to prevent externalities from businesses spilling over onto residents whose homes might otherwise be nearby.

9


The firm charges a fixed fee to cover the overhead costs and then adds a variable cost to cover the marginal cost associated with producing the good.

10


Limited by antitrust laws.

11


Used to protect the environment along with the health and safety of workers and consumers.

12


A merger that occurs when two unrelated businesses combine.

13


A reason for the recent decrease in the number of antitrust cases in the United States.

A)P=MC
B)Zoning regulation
C)Social regulation
D)Sherman Act
E)Economies of scope
F)Horizontal merger
G)Average cost pricing
H)Regulation
I)Price discrimination
J)Vertical merger
K)Conglomerate merger
L)Increased import competition
M)Two-part tariff







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