Other questions in this quiz

2. What is meant by the term "external economies"?

  • Economies that occur in the long-run
  • The economies which are enjoyed by all firms in an industry
  • Economies experienced by individual firms
  • Circular flow of income

3. What is market equilibrium?

  • Kuznets cycles
  • Where market demand = market supply
  • Where demand = supply
  • Where everything is in balance

4. Which body regulates CRAs within Europe?

  • European Securities & Markets Authority
  • Securities & Exchange Comission
  • Information Commissioners Office
  • European Parliament

5. A vertical merger is

  • A merger of two companies in the same industry but at different supply chain levels
  • A merger of two companies in the same industry
  • A merger of two companies in different industries
  • A merger which consists of 3 types

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