Vertical Foreclosure Is an Example of a Firm

question 31

Multiple Choice

Vertical foreclosure is an example of a firm:

• A) engaging in a price-cost squeeze.
• B) that merges with a rival firm with the intention of eliminating the rival firm's product from the market.
• C) engaging in penetration pricing.
• D) that controls an essential upstream input and raises rivals' costs by refusing to sell to other downstream firms that need the input.