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Economics (AS & A Level) · Oct / Nov 2024 · Paper 32 · Question 10

9708Growth and survival of firms

A smartphone manufacturing company takes over an electronic chip design company. This is an example of which type of growth?

  1. Ahorizontal
  2. Blateral
  3. Cvertical backwards
  4. Dvertical forwards

As printed in the paper

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Correct answer: C. vertical backwards

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