Economics 0455 · IGCSE · Market structure

Market structure — practice question

A multinational fast-food company acquired a food-ordering website so that its customers could download menus and make payments ahead of time. Which term is the most suitable description of this merger?

  • Abackward vertical
  • Bconglomerate
  • Cforward vertical
  • Dhorizontal

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI