A merger between two firms in a supplier-purchaser relationship is called a vertical merger.
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Q13: The concentration ratios for various industries in
Q14: Horizontal mergers are pretty rare in the
Q16: Conglomerate mergers increase concentration in an industry.
Q17: Examples of "disguised" cartels are the citrus
Q18: When there is a kinked demand curve,
Q19: A cartel is a group of firms
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