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You are shopping in a department store. A store manager asks you to step into his office. He closes the door and tells you he thinks you have hidden merchandise in your clothing. You say nonsense. He says you will sit there until you confess or allow yourself to be searched. You refuse. He says, "We will see about that!" The two of you sit there for an hour. Finally, he tells you to leave. This is probably:
Downstream Firms
Companies positioned at the end stages of supply chains, engaging in the processing or selling of final products to customers.
Market Power
The ability of a company or entity to influence the price and output levels in the market.
Double-Markup Problem
A situation in vertical supply chains wherein two or more successive stages (like wholesalers and retailers) mark up the prices of goods, potentially leading to excessively high retail prices.
Vertical Relationships
The interactions and connections between different levels of a supply chain, such as manufacturers and distributors.
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