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Which of the following options best illustrates an example of economies of scope? A company merges with a competitor in order to increase its market

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Which of the following options best illustrates an example of economies of scope? A company merges with a competitor in order to increase its market share. A company acquires a supplier to reduce its supply chain costs. A company creates a new business unit that shares resources and capabilities with its existing businesses. A company invests in research and development to create a new product

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