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18 August, 05:35

The fact that many industries absorbed their competitors and formed oligopolies:

a. illustrates horizontal integration.

b. illustrates vertical disintegration.

c. contributed to the dismantling of agglomeration economies.

d. is a phenomenon that began only in the late 1970s.

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  1. 18 August, 06:44
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    The answer is a. illustrates horizontal integration.

    Explanation:

    Horizontal integration occurs when two businesses merge that produce goods or services at the same level in the value chain. This can result in the creation of a monopoly or oligopoly.
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