​What Are Diseconomies of Scope

question 11

Multiple Choice

​What are diseconomies of scope?

• A)​the cost of producing two products jointly by one firm is more than the cost of producing them separately
• B)the cost of producing two products jointly by one firm is lesser than the cost of producing them separately
• C)the cost of producing two products jointly by one firm is equal to the cost of producing them separately
• D)​none of the above

Grasp the main obstacles to achieving higher rates of economic growth and development in developing countries.

Know the importance of improving human resources in the quest for economic growth in developing countries.

Understand the factors contributing to economic growth and high per capita incomes in developed nations.

Understand the factors limiting saving in Developing and Vulnerable Countries (DVCs).

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Definitions:

Simple Problems

Basic or easy-to-solve issues often requiring straightforward solutions.

Frequently Occurring Problems

Frequently occurring problems are repetitive challenges or issues encountered in a specific context, requiring ongoing attention and solutions.

Nonprogrammed

Decision making that involves unique, non-repetitive, and complex problems that require custom solutions.