Choose the term(s) on the right hand side that would match the left

Question 1

Answer · 2026-09-18T15:03:35.174Z

Here are the terms that best suit each explanation: 1. "after a certain point, each additional item a seller produces costs more to produce than earlier items." This describes the concept of increasing marginal cost. Principle of increasing marginal cost 2. "resources should be used without compromising future generations." This is the definition of sustainability. Conservation 3. "when firms operating in an oligopolistic market agree to limit their production so that prices rise to higher levels than they would in free competition." This practice is known as collusion. Price fixing 4. "when a firm sells to a retailer on condition that the retailer will not purchase any products from other companies and/or will not sell outside of a certain geographical area." This is an example of exclusive dealing. Exclusive dealing arrangements 5. "at which the highest price buyers are willing to pay equals the lowest price seller are willing to take." This point represents market equilibrium. Equilibrium point 6. "humans are care-takers of the earth." This concept is known as stewardship. Stewardship 7. "the unification of two or more companies that were formerly competing in the same line of business." This type of business combination is a horizontal merger. Horizontal merger

Question 2

Here are the terms that best suit each explanation: 1. "after a certain point, each additional item a seller produces costs more to produce than earlier items." This describes the concept of increasing marginal cost. Principle of increasing marginal cost 2. "resources should be used without compromising future generations." This is the definition of sustainability. Conservation 3. "when firms operating in an oligopolistic market agree to limit their production so that prices rise to higher levels than they would in free competition." This practice is known as collusion. Price fixing 4. "when a firm sells to a retailer on condition that the retailer will not purchase any products from other companies and/or will not sell outside of a certain geographical area." This is an example of exclusive dealing. Exclusive dealing arrangements 5. "at which the highest price buyers are willing to pay equals the lowest price seller are willing to take." This point represents market equilibrium. Equilibrium point 6. "humans are care-takers of the earth." This concept is known as stewardship. Stewardship 7. "the unification of two or more companies that were formerly competing in the same line of business." This type of business combination is a horizontal merger. Horizontal merger

Choose the term(s) on the right hand side that would match the left

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