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    Managerial Economics and Strategy Study Set 2
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    Exam 7: Firm Organization and Market Structure
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    A Firm That Backward Vertically Integrates
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A Firm That Backward Vertically Integrates

Question 32

Question 32

Multiple Choice

A firm that backward vertically integrates


A) moves downstream in the production process.
B) requires that the production process be relatively simple.
C) has to merge with another firm.
D) may be producing its own inputs.

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