Suppose ralph and ed have the only store that sells toilet bowls in northern maine. their nearest competitor is 211 miles away, and these two men have a reputation for producing high-quality toilet bowls. graphically illustrate what the market for toilet bowls will look like for ralph and ed. shade in the area of profit for ralph and ed and label the profit maximizing price (pe) and quantity (qe).

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration