Which product do you suppose would be the most elastic (i.e., have the highest price elasticity ofdemandnumber), ceteris paribus?

Select one:

a.gasoline

b.cigarettes

c.furniture

d.furniture made in Vermont

Suppose Coca-Cola agrees to combine its operations and merge with a major supplier of carbonated water.Accordingly, which of the following types of mergers would this characterize?

Select one:

a.horizontal

b.vertical

c.conglomerate