Term a film that is engaged in two or more unrelated businesses ?
Correct answer: A. Conglomerate
- A. Conglomerate
- B. Multinational
- C. giant
- D. Incorporation
Explanation
A conglomerate is a firm operating in two or more largely unrelated lines of business. A multinational is defined by operations across countries, not by unrelated business activities.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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