RHS Econ Unit 3

Which of the following is a horizontal merger?

Which of the following is an important disadvantage of a corporation?

What business competition has one sell who controls the entire market?

The advertising technique that uses a famous person to endorse a product is

Sadie and Taylor go to lunch and get the student discount. This is an example of:

In a market economy, what keeps the prices low?

In pure competition

The stock market in general may be defined as which of the following?

Which furnishes limited liability for owners, unlimited life for the firm, and the ability to raise large capital

What is the first step in union-management negotiations?

When a “real life” situation is used to sell a product, the advertising technique is called

Which is easiest to start?

What is the market structure for the automobile industry?

Which of the following is an important advantage of a sole proprietorship?

A type of investment which confers ownership to the investors, and a chance to profit via dividends and capital gains is

Sole proprietorships and partnerships share the disadvantage of

A franchise can be described as

Adam and Brenden have an invention. They will need $33 Million for a factory and start up supplies. They should start a:

What is an example of a natural monopoly?

Liability is when you take responsibility for yourself. Which business organization has the most per individual?

Corporations can raise capitol by:

What is collusion?

An entrepreneur is someone who:

Mergers might result in

The two ways to earn money from stock ownership are: