Firms that contain some divisions that produce parts and components to be used by other divisions in order to generate finished goods are said to be:
A) horizontally integrated.
B) vertically integrated.
C) multinationals.
D) corporations.
B
Economics
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Indicate whether the statement is true or false
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Network externalities:
A. weaken forces that lead to monopoly in an industry. B. increase the likelihood that an industry will become a winner-take-all industry. C. promote the entry of new firms in a market. D. increase competition among existing firms in a market.
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