anonymous
  • anonymous
Your friends own a lawn care business. They own their own equipment and trailers to transport it. Eventually they buy out another local lawn care company and double their customers. This is an example of (5 points) ending an oligopoly creating an oligopoly vertical consolidation horizontal consolidation i have no clue what these mean ive tried googling but none of it helps can someone help me
Economics - Financial Markets
  • Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
SOLVED
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
schrodinger
  • schrodinger
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
sicklefirebolt
  • sicklefirebolt
An oligopoly is when business work together to create a price for goods. A consolidation is when two businesses merge.
sicklefirebolt
  • sicklefirebolt
If a business that assembles action-figure toys bought a company that marketed and distributed those toys, that would be vertical consolidation. If a clothing store bought another clothing store, that would be horizontal consolidation.
sicklefirebolt
  • sicklefirebolt
Understand?

Looking for something else?

Not the answer you are looking for? Search for more explanations.

More answers

anonymous
  • anonymous
So yes, horizontal consolidation. If they doubled their customers, the second company was performing about as well as them.
anonymous
  • anonymous
yes haha sorry i just now saw this again. thank you so much

Looking for something else?

Not the answer you are looking for? Search for more explanations.