Choose the Statement That Is Incorrect

question 55

Multiple Choice

Choose the statement that is incorrect.

• A)A firm coordinates a particular set of activities if it can do so at a lower cost than a market.
• B)Firms can achieve economies of scale.
• C)Firms can achieve economies of scope.
• D)Firms can eliminate transactions costs.
• E)Firms do not practice outsourcing.

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Definitions:

Explore Environment

The process of investigating and engaging with one's surroundings to gain understanding, knowledge, or enjoyment.

Healthy Attachment

A strong emotional bond between a child and caregiver characterized by mutual affection, comfort, and reliability that promotes the child's development.

Neurotransmitters

Chemicals in the brain that transmit signals from one neuron to another, playing a significant role in shaping thoughts, emotions, and behaviors.

Mental Growth

The development or expansion of the capacity of the mind, which can involve the increase of knowledge, cognitive abilities, and emotional understanding.