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We R' Write currently purchases the wood used to make their pencils, the mbber used to make erasers for their pencils, and the lead for

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We R' Write currently purchases the wood used to make their pencils, the mbber used to make erasers for their pencils, and the lead for the pencils from other firms. However, We R' Write is considering purchasing these rms so drey can personally produce all the components used for making pencils. - As an economist, what would you call the current way We 11' Write is acquiring the products needed to make their pencils {purchasing from other firms)? - What benefits and problems could We R' Write have with the current way of doing business? - As an economist, what would you call We R' Write's proposal to purchase the rms that make the pencil components? - What benefits and problems could We R' Write have concerning the purchase of these other firms

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