Provide a definition of consolidation.

China has invested heavily in turbine manufacturing and in 2009 had become the world's largest wind power market. The investment in turbine manufacturing is an example of ________ investment.

A) intangible capital
B) human capital
C) tangible capital
D) social capital

To actually receive a message,a person needs to do all of the following EXCEPT

A) comprehend the message.
B) sense the presence of the message.
C) select it from other competing messages.
D) perceive it as an actual message.

The Banking Acts of 1980 and 1999 contributed to the financial crisis in 2008 by

A) increasing the number of small banks.
B) encouraging the creation of more financial institutions that were "to big to fail".
C) restricting the trading of toxic assets.
D) creation of a large number of bankrupted financial institutions.

In the short run,and with nonzero fixed costs,the average total cost curve always lies above the average variable cost curve.

When the Times Mirror Company purchased the right to discharge 150 tons of hydrocarbons annually from other polluters,this was an example of

A) following an incentive-based regulation.
B) following a command-and-control regulation.
C) conducting a transaction between polluters typical of those that have been carried out since the early 20th century.
D) an illegal transaction.

If you are a marketer for a manufacturer, and the marketing mix for your product focuses on very specific market segments, you'd probably like to sell your product through

A) department stores.
B) category specialist stores.
C) extreme value retailers.
D) specialty stores.
E) convenience stores.