Andy Dungy Owns a Company That Makes IPod and IPhone

question 21

Multiple Choice

Andy Dungy owns a company that makes iPod and iPhone accessories. He is trying to increase his sales, primarily because he knows that increasing production lowers the average cost of each unit produced. The reason for growth illustrated in this example is:

• A) economies of scope
• B) market leadership
• C) influence, power, and survivability
• D) need to accommodate the growth of key customers
• E) economies of scale

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Definitions:

Muscle Contractions

The process whereby muscle fibers shorten or lengthen to produce movement or apply force against resistance.

Nutrients

Essential substances that organisms need to acquire from their environment to maintain health and support growth.

Oxygen

A chemical element with symbol O, essential for the respiratory processes of most living organisms.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, including coronary artery disease, hypertension, and stroke.