Multiple Choice
Slick Shades has a constant marginal cost of production equal to $40 and the distributors have a constant marginal cost of distribution equal to $20. If Slick Shades vertically integrates with the perfectly competitive distributors, the relevant demand curve for the combined firm is the ______demand curve and the combined firm's marginal cost is equal to______ .
A) retail; $60
B) retail; $40
C) wholesale; $60
D) wholesale; $40
Correct Answer:
Verified
Correct Answer:
Verified
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