Firms that contain some divisions that produce parts and components to be used by other divisions in order to generate finished goods are said to be:

A) horizontally integrated.
B) vertically integrated.
C) multinationals.
D) corporations.

B

Economics

You might also like to view...

A problem in identifying poverty is that the concept of what constitutes a basic need is always changing

Indicate whether the statement is true or false

Economics

Network externalities:

A. weaken forces that lead to monopoly in an industry. B. increase the likelihood that an industry will become a winner-take-all industry. C. promote the entry of new firms in a market. D. increase competition among existing firms in a market.

Economics