Economics-unit 3

General knowledge of unit 3!:)

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  • Created by: Lara r
  • Created on: 10-06-11 19:21
Sales maximisation
AC=AR
1 of 4
Vertical integration definition?
When When firms merges in the same industry but at different stage of production process
2 of 4
Characteristic of perfect market
No barriers of entry and exit
3 of 4
Is it true a merges between max factor & scottish&newcastle plc is conglomerate integration?
False
4 of 4

Other cards in this set

Card 2

Front

Vertical integration definition?

Back

When When firms merges in the same industry but at different stage of production process

Card 3

Front

Characteristic of perfect market

Back

Preview of the front of card 3

Card 4

Front

Is it true a merges between max factor & scottish&newcastle plc is conglomerate integration?

Back

Preview of the front of card 4

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