Assume a market consists of two upstream firms, and they are sole suppliers of their respective products. Each of these monopolists sell at a linear price to one downstream duopolist each. What would...


Assume a market consists of two upstream firms, and they are sole suppliers of their respective products. Each of these monopolists sell at a linear price to one downstream duopolist each. What would be the effect of vertical integration (so that each upstream monopolist owns its retail outlet) on the final good price?



Jun 09, 2022
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