194. In explaining the recent acquisition of a supplier, an executive made the following argument: We purchased

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19–4. In explaining the recent acquisition of a supplier, an executive made the following argument: “We purchased the supplier so that we could keep the profit rather than pay it to some other firm.” Evaluate this argument.

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Managerial Economics And Organizational Architecture

ISBN: 9781260571219

7th International Edition

Authors: Clifford W. Smith, Jerold Zimmerman, James Brickley

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