Purchasing a supplier simply because it charges a competitive firm a price greater than its costs for an input does not make sense, particularly if there are not substantial transactions costs associated with purchasing from an independent supplier that can be avoided through vertical integration. Purchasing a supplier simply because it charges a competitive firm a price greater than its costs for an input does not make sense, particularly if there are not substantial transactions costs associated with purchasing from an independent supplier that can be avoided through vertical integration. True False Uncertain