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Economics · Oct / Nov 2018 · Paper 13 · Question 13

2281Firms

A computer chip manufacturer expands by taking over a computer chip designer. Of what is this an example?

  1. Abackward vertical integration
  2. Bdiversifying integration
  3. Cforward vertical integration
  4. Dhorizontal integration

As printed in the paper

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Correct answer: A. backward vertical integration

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