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Two supermarket chains at the same stage of the same industry combine. That is a:

ACircular merger
BHorizontal merger
CVertical merger
DDiagonal merger
Answer & Solution
Correct answer: B. Horizontal merger
1. Both sit at the same stage. 2. The aim is often to cut costs. 3. It is a horizontal merger. _Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
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