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Economics (AS & A Level) · May / June 2024 · Paper 33 · Question 9

9708Growth and survival of firms

A major UK chemical firm was bought by its rival, a Dutch chemical firm. What definitely occurred when the Dutch firm bought the UK firm?

  1. Aa partnership
  2. Beconomies of scale
  3. Chorizontal integration
  4. Dincreased profits

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Correct answer: C. horizontal integration

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