I'm trying to determine whether integration between the following types of firms would constitute a horizontal, vertical, or conglomerate merger. I took a guess, but am not sure as to the reasoning behind each. Can you clarify the types of mergers for me? A food company and a drug company = conglomerate merger A milk pro
Environmental economics: externalities and costless bargaining. Coase Theorem and a simple example of how costless bargaining leads to an efficient outcome.
Jack and May are the only residents of a small island. Jack operates a papermill, and has costs given by MPC = 10+2Q. Jack gets a price of $24 for each unit of paper he sells. May hates the pollution that the mill produces, and has damages given by MEC = Q + 2. (a) Assume that property rights to the environment are establishe
The Microsoft trial has been one of the biggest investigations of antitrust behavior since the turn of the century. Supporting the governments side research and present a cohesive argument to the other (microsoft supporters ) side. You can choose to go on microsofts side if that can work for you.