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An Iron and Steel Manufacturing Plant Was Facing a Power

Question 11

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An iron and steel manufacturing plant was facing a power crisis on a daily basis.The unit had to stall production for about two hours on an average per day.In order to minimize the loss,the owner decided to invest in a cogeneration unit that would produce enough power to facilitate production during the peak load hours.This action of the manufacturer exemplifies:


A) a monopoly-pricing strategy.
B) a forward or downstream integration.
C) a dual-pricing strategy.
D) a backward or upstream integration.

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