When One Firm Can Supply Many Goods Through Simultaneous Production

question 114

Multiple Choice

When one firm can supply many goods through simultaneous production at higher savings,

• A)it has achieved peak production.
• B)it has vertically integrated.
• C)it has horizontal integration.
• D)it has economies of scope.

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Definitions:

Phylogenic Study

The study of the evolutionary development and diversification of a species or group of organisms.

Polyploidy

The state where an organism possesses more than two full sets of chromosomes, frequently observed in plants and certain animal species.

Sympatric Speciation

The evolutionary process through which new species evolve from a single ancestral species while inhabiting the same geographic region.

Sympatric Speciation

The process of speciation that occurs when a new species evolves from a single ancestral species while inhabiting the same geographic region.