The fact that many industries absorbed their competitors and formed oligopolies:

a. illustrates horizontal integration.

b. illustrates vertical disintegration.

c. contributed to the dismantling of agglomeration economies.

d. is a phenomenon that began only in the late 1970s.

Question

Daniela Brock

Business

25 January, 00:24

The fact that many industries absorbed their competitors and formed oligopolies:

a. illustrates horizontal integration.

b. illustrates vertical disintegration.

c. contributed to the dismantling of agglomeration economies.

d. is a phenomenon that began only in the late 1970s.

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Answers (1)

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Ruth · Answer 1

The answer is a. illustrates horizontal integration.

Explanation:

Horizontal integration occurs when two businesses merge that produce goods or services at the same level in the value chain. This can result in the creation of a monopoly or oligopoly.

The fact that many industries absorbed their competitors and formed oligopolies:a. illustrates horizontal integration.b. illustrates vertical disintegration.c. contributed to the dismantling of agglomeration economies.d. is a phenomenon that began only in the late 1970s.

The fact that many industries absorbed their competitors and formed oligopolies:

a. illustrates horizontal integration.

b. illustrates vertical disintegration.

c. contributed to the dismantling of agglomeration economies.

d. is a phenomenon that began only in the late 1970s.