The presence or even the threat of prize freezes ie price
The presence or even the threat of prize freezes (i.e. price controls) may induce firms to integrate vertically (to merge with “upstream” supplier firms or with “downstream” customer firms). Explain why. (6-8 sentences)
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the presence or even the threat of prize freezes ie price controls may induce firms to integrate vertically to merge
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assume that two firms sell differentiated products and face the following demand curves 15 minus 05 and 15 minus 05
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