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Two supermarket chains combine to cut costs and reduce competition. That merger is:

AVertical
BHorizontal
CConglomerate
DCircular
Answer & Solution
Correct answer: B. Horizontal
1. Both sit at the same stage of the same industry. 2. Economies of scale are the usual motive. 3. It is the horizontal one. _Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
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