Vertical relationships can increase profits through
a. preventing firms from evading regulation
b. creating a double-markup problem
c. better aligning the incentives of manufacturers and retailers
d. preventing price discrimination
c
Economics
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One economic advantage of a large share of exports in GDP is that countries
A) can reduce their budget deficits. B) can purchase the imports they need. C) can maintain lower rates of unemployment. D) will have greater equality in their incomes. E) develop more labor-intensive industry.
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How does the task of production planning happen in a laissez-faire economy?
Economics