If your supplier becomes more profitable
a. you become more profitable by acquiring it
b. you become less profitable by acquiring it
c. acquiring it will make you more profitable if there are no synergies to exploit
d. unless there are no synergies to exploit through acquisition, acquiring it will not make you more profitable
d
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Equating society's marginal benefits with marginal costs will ensure that the economically efficient level of either private or public goods is attained
Indicate whether the statement is true or false
The welfare loss associated with the outcome in a colluding oligopoly is:
A. smaller than that of a perfectly competitive outcome. B. the same as that of a perfectly competitive outcome. C. smaller than that of a competitive oligopoly. D. None of these statements is true.