Which of the Following Would Qualify as One of the Main

question 112

Multiple Choice

Which of the following would qualify as one of the main goals of a sustainable business?

• A) Carbon reduction
• B) Profit maximization
• C) Global warming
• D) Scaling
• E) Greenhouse effect

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Definitions:

Diseconomies Of Scope

A situation in which a company experiences increased costs as a result of increasing the variety of goods or services it produces.

Economies Of Scope

Cost advantages that enterprises obtain due to the efficient production of a wider variety of goods or services together rather than separately.

Long-Run Marginal Cost

The cost of producing one more unit of a product when all production factors are variable.

Pricing

The process of determining the value that will be charged for goods or services.