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ATC Corporation is an engineering firm established 30 years ago. It decides to merge with TL, a startup firm that is specialized in mobile technologies.

ATC Corporation is an engineering firm established 30 years ago. It decides to merge with TL, a startup firm that is specialized in mobile technologies. Knowing that TL is expected to have high growth in the future, what is the main motive for this merger? *

Achieving economies of scale

Eliminating inefficiencies

Using surplus funds

Achieving economies of vertical integration

Having an industry consolidation

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