The coming together of two or more firms at different stages of production is?
- horizontal merger
-
vertical merger
- amalgamation
- cartel
The correct answer is: B
Explanation
Vertical Merger: This involves the combination of two firms at different stages of production within the same industry. For example, if a car manufacturer merges with a company that supplies car parts, this is a vertical merger. The goal is often to streamline operations and reduce costs.