Multiple Choice
Slick Shades has a constant marginal cost of production equal to $80 and the distributors have a constant marginal cost of distribution equal to $30. 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) wholesale; $80
B) retail; $80
C) retail; $110
D) wholesale; $110
Correct Answer:
Verified
Correct Answer:
Verified
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