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When Firms That Operate At Different Stages In The Production Of A Commodity Merge, This Is Known As? - Erudites Academy

When firms that operate at different stages in the production of a commodity merge, this is known as?

by | Jul 23 | Commerce WAEC | 0 comments

A. horizontal intergration
B. vertical intergration
C. absorption
D. conglomerate
E. cartel

Correct Answer: Option B

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