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Economics (AS & A Level) · May / June 2024 · Paper 32 · Question 10

9708Growth and survival of firms

What is an example of backward vertical integration?

  1. Aa bakery buying a wheat farm
  2. Ba car manufacturer buying a car showroom
  3. Ca vineyard buying an apple orchard
  4. Dtwo rival supermarkets joining together

As printed in the paper

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Correct answer: A. a bakery buying a wheat farm

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