Economics · Oct / Nov 2021 · Paper 12 · Question 15
2281Firms
Two car manufacturers agree to merge. Which outcome would be a disadvantage for customers?
- Aincreased capital for research and development
- Blower average costs through economies of scale
- Creduced range of vehicles produced
- Duse of a wider range of marketing information
As printed in the paper
Show the answer
Correct answer: C. reduced range of vehicles produced
Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.