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iii.)What would be the output, price and earnings while in the downstream and upstream monopolies commit to undertake a vertical merger? There isn't any realizable cost synergies from this vertical merger.
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Contagion refers to the concept financial crises may well distribute from a single institution to another, as each time a financial institution run spreads from the few banks to a lot of Other people, or from 1 nation to another, as when forex crises, sovereign defaults, or inventory industry crashes distribute throughout nations around the world.
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