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please do fast!! i will rate you good for sure!! please send me typed answer!? 7. The recent mergers in the grocery industry have effectively

please do fast!! i will rate you good for sure!! please send me typed answer!?

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7. The recent mergers in the grocery industry have effectively reduced the number of competitors in California from seven chains to three. The remaining chains have said that this would lead to lower costs because of economies of scale. While that might be true, it almost certainly won't lead to lower prices. Why not? Hint: All of these grocery chains put ads in the newspaper every week

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