O-LevelEconomicsMicroeconomic decision makers2281/11 · May/June 2012 · Q191 Mark

A manufacturing firm wishing to have better control of its raw materials would seek to grow

Ahorizontally.

Blaterally.

Cvertically backwards.

Dvertically forwards.

✓ Correct answer

C: vertically backwards.

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Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2012 Paper 1 Variant 1, question 19.

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