Note AcademyNote Academy
Start

Economics · Oct / Nov 2022 · Paper 13 · Question 15

2281Firms

Why might one profitable oil-drilling firm wish to take over another profitable oil-drilling firm?

  1. Ato bring its suppliers into the same firm
  2. Bto get closer to its customers to increase sales
  3. Cto reduce its costs per unit of output
  4. Dto reduce the amount of corporation tax it paid

As printed in the paper

Show the answer

Correct answer: C. to reduce its costs per unit of output

Sit this whole paper →More on Firms

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.