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1. Horizontal merger may lead to a rise in the market price and a reduction in output. 2. Aiood retailer that offers financial services is

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1. Horizontal merger may lead to a rise in the market price and a reduction in output. 2. Aiood retailer that offers financial services is an example of diversification. 3. A company is said to be vertically integrated if it grows its activities at the same stage of the production process

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