Which of the Following Economies of Scope Is Costly to Duplicate

question 91

Multiple Choice

Which of the following economies of scope is costly to duplicate?

• A) shared activities
• B) internal capital allocation
• C) risk reduction
• D) tax advantages

Understand the concept and implications of stereotypes in social cognition.

Grasp the definition and components of social psychology.

Recognize the influence of physical attractiveness on social perception.

Understand the concepts of self-serving bias, defensive attribution, and the fundamental attribution error.

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Definitions:

FIFO

Stands for "first in, first out," an inventory valuation method where the goods first added to inventory are the first ones to be sold.

Historical Cost

The original monetary value of an asset or transaction, without adjustment for inflation or other external factors over time.

Replacement Cost

The cost to replace an asset with another of similar function and quality at current prices.

Net Realizable Value

The estimated selling price of goods, minus the estimated cost of completion and any costs necessary to make the sale.