The proposed merger between ATT and T Mobile wold be classified as a merger A

The proposed merger between att and t mobile wold be

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122) The proposed merger between AT&T and T-Mobile wold be classified as a ________ merger.A) horizontalB) conglomerateC) verticalD) diagonalAnswer: A122)Diff: 2Page Ref: 507/507Topic: Monopoly and Economic EfficiencyLearning Outcome: Micro 19: Explain the concept of efficiency in the economy and obstacles to achieving itAACSB: Reflective Thinking123) The government estimated that by allowing the merger between AT&T and T-Mobile to gothrough, the Herfindahl Hirschman Index for the national market would increase by nearly 700points to about 3,100. According to the merger standards of the Department of Justice and the FTC,a Herfindahl Hirschman index of 3,100 indicates that the market is ________ concentrated, and theincrease of nearly 700 points indicates that the merger ________ be challenged.123)Diff: 2Page Ref: 507/507Topic: Monopoly and Economic EfficiencyLearning Outcome: Micro 19: Explain the concept of efficiency in the economy and obstacles to achieving itAACSB: Reflective Thinking124) Despite the popularity of the National Football League, many cable television systems do not offertheir customers the NFL Network. In most cities, cable systems are monopolies so their customerscannot switch to another system that carries the NFL Network. One reason why cable systemsdonʹt offer the NFL Network is124)Diff: 1Page Ref: 508/508Topic: Characteristics of MonopolyLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB:40
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