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In each of the following situations, why are firms likely to benefit from vertical integration? (1 point each) A grain elevator is located at the
In each of the following situations, why are firms likely to benefit from vertical integration?(1 point each)
A grain elevator is located at the terminus of a rail line.
A manufacturer of a product with a national brand-name reputation uses distributors that arrange for advertising and promotional activities in local markets.
A biotech firm develops a new product that will be produced, tested, and distributed by an established pharmaceutical company.
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