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Chapter 14 review C
Question | Answer |
---|---|
Cartel | an international syndicate, combine, or trust formed especially to regulate prices and output in some field of business. |
horizontal consolidation | Horizontal consolidation is when a lot of different firms in the same business come together to form one large company. This move can be very profitable for all parties involved. |
economy of scale | |
trust | |
monopoly | when a company has complete control over thier products market |
collective bargaining | |
socialism | |
anarchist |