Paul Bergeron and Virginia Clacey each own a 100-acre soybean farm in Soyburg, Illinois. Together they grow 1/1,000th of 1 percent of the nation's soybeans. When they merge, it will

a. raise the price of soybeans in the U.S.
b. be a vertical merger
c. reduce competition in the soy market
d. increase the market power of Paul and Virginia
e. probably go unnoticed outside of Soyburg


E

Economics

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