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Firms tend to raise the price of their goods after acquiring a firm that sells a substitute good because a., they lose market power.b. there
Firms tend to raise the price of their goods after acquiring a firm that sells a substitute good because a., they lose market power.b. there is an increase in the overall demand for their products.c. the aggregate demand for both goods is more elastic than the demand for the individual goods.d. the aggregate demand for both goods is less elastic than the demand for the individual goods.
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