Pandora Housewares Is an MNE with Production Facilities in Taiwan

question 25

Multiple Choice

Pandora Housewares is an MNE with production facilities in Taiwan, England, and India that manufacture bedding, towels, clothing, and luggage. Pandora has benefited from ________ because the firm's average costs have decreased as the number of different products it sells has increased.

• A) economies of scope
• B) intellectual property rights
• C) economies of scale
• D) experience curve exploitation

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Definitions:

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Hydrochloric acid, a strong, corrosive acid consisting of hydrogen and chlorine, commonly used in industry and research.

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A material or compound whose identity, composition, or properties have not been determined.