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Discuss strategy for improving company profits

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Reference no: EM132953339

You manage a company that competes in an industry that is comprised of five equal-sized firms. A recent industry report indicates that a tariff on foreign imports would boost industry profits by $30 million-and that it would only take $5 million in expenditures on (legal) lobbying activities to induce Congress to implement such a tariff.

Discuss your strategy for improving your company's profits.

Reference no: EM132953339

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