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The Government Is Most Likely to Block a Proposed Merger

Question 18

Multiple Choice

The government is most likely to block a proposed merger between two companies when:


A) the cross-elasticity between the companies' products is positive and large.
B) the cross-elasticity between the companies' products is negative and large.
C) the income elasticity of the companies' products is positive.
D) the income elasticity of the companies' products is negative.

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