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Post-UTME Economics 2006 Objective — Question 1

Question 1 of 3 from the Post-UTME Screening (Post-UTME) Economics 2006 Objective paper, with the correct answer and a full explanation.

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Subsidiary firms are firms

  • A. that render services to bigger onesCorrect
  • B. that are formed by localization
  • C. formed with government subsidy
  • D. formed by merging

Explanation

Subsidiary firms typically provide services/support to a parent (bigger) company.

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