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Free CIMAPRA17-BA1-1 Exam Braindumps (page: 44)

Page 44 of 118
PDF with 468 Questions

Which of the following provides a definition of a free good?

  1. No charge is made for it by its supplier
  2. Its provision is financed by taxation
  3. It is produced from renewable resources
  4. It is available at zero cost of production in unlimited quantities

Answer(s): D



All of the following would be motives for a horizontal merger except one.
Which ONE is the exception?

  1. To reduce competition in the industry
  2. To secure economies of scale
  3. To secure sources of supply
  4. To pool technology and research

Answer(s): C



The government may wish to control horizontal mergers between firms because

  1. Firms will acquire control of their sources of supply
  2. Mergers lead to large companies and economies of scale
  3. Such mergers result in increased concentration in industries
  4. It is against consumer interests for producers to acquire control of retail outlets

Answer(s): C



Which of the following industries would be expected to have the largest number of businesses operating within them?

  1. Automobiles
  2. Banking and insurance
  3. Commercial airlines
  4. Agriculture

Answer(s): D



Page 44 of 118



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