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HOSTILE TAKEOVER: In the world of mergers, the acquisition of one company by another against the wishes of the company being acquired. Also termed a hostile acquisition, this is accomplished by purchasing controlling interest in the stock of the acquired company, usually by offering to pay a price exceeding the current market price. A hostile takeover might be motivated to eliminate competition, to sell off the assets of the company for more that the takeover payment, or to temporarily inflate the price of the stock.

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Lesson 21: Factor Demand | Unit 4: Determinants Page: 18 of 24

Topic: Product Demand <=PAGE BACK | PAGE NEXT=>

  • Because the demand for a factor of production is based on, or derived from, the demand of the output produced, should the product demand change, then so too will the factor demand.

  • Changes in product demand are reflected by changes in the product price and marginal revenue.

  • The factor demand curve presented in this diagram was derived based on a particular price, which was based on a particular demand.

    • Increase In Product Demand
    • Decrease In Product Demand


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SAVINGS DEPOSITS

Interest-paying bank accounts maintained by traditional commercial banks, credit unions, savings and loan associations, and mutual savings banks that are used by consumers to store wealth. Savings deposits are one of two types of time deposits. The other is certificates of deposit. Savings deposits, along with certificates of deposit and other near monies, are added to M1 to derive M2.

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Today, you are likely to spend a great deal of time at the confiscated property police auction trying to buy either a T-shirt commemorating the second moon landing or a coffee cup commemorating Thor Heyerdahl's Pacific crossing aboard the Kon-Tiki. Be on the lookout for defective microphones.
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Ragnar Frisch and Jan Tinbergen were the 1st Nobel Prize winners in Economics in 1969.
"Success is more a function of consistent common sense than it is of genius. "

-- An Wang, industrialist

GARCH
Generalized Autoregressive Conditional Heteroskedasticity
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