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Managerial Economics 2nd Edition by William Boyes
Edition 2ISBN: 978-0618988624Managerial Economics 2nd Edition by William Boyes
Edition 2ISBN: 978-0618988624 Exercise 14
A large firm has two divisions: an upstream division that produces an output that is used by the downstream division. The downstream division could obtain that output from external firms as well as the upstream division. Should the firm allow the downstream division to purchase the product externally, or should it require that the firm use only the upstream division's product? Explain
Explanation
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Internal markets:
Internal market is th...
Managerial Economics 2nd Edition by William Boyes
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