Which of the Following Is True Regarding the Relationship Between

question 135

Multiple Choice

Which of the following is true regarding the relationship between returns to scale and economies of scope?

• A) A firm experiencing economies of scope must also experience increasing returns to scale.
• B) Economies of scale and economies of scope must occur together.
• C) A firm experiencing increasing returns to scale must also experience economies of scope.
• D) There is no definite relationship between returns to scale and economies of scope.

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Definitions:

Subjective Outcomes

Results or consequences that are based on personal feelings, tastes, or opinions.

Socialization Tactic

Methods or strategies employed to acclimate new members to the social and cultural norms of an organization or group.

Fixed Sequence

A predetermined or unalterable order of actions, events, or processes.

Socialization Outcomes

The results or effects of the process through which individuals learn and internalize the norms, values, behaviors, and social skills appropriate to their society.