The Merger Between Two General Merchandise Stores, Sears and Kmart

question 34

Multiple Choice

The merger between two general merchandise stores, Sears and Kmart, each of which carried some specialty items, most likely produced:

• A) neither economies of scope nor economies of scale.
• B) both economies of scope and economies of scale.
• C) economies of scope but not economies of scale.
• D) economies of scale but not economies of scope.

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Definitions:

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