Which of the Following Best Describes Scope Economies

question 30

Multiple Choice

Which of the following best describes scope economies?

• A) cost advantage resulting from production, development or distribution in more than one country.
• B) cost advantage resulting from large volume production, development or distribution.
• C) cost advantage resulting from the joint production, development or distribution of more than one product.
• D) cost advantage resulting from the production, development or distribution of very high quality products.

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Definitions:

Rational Part

The aspect of the human mind that is responsible for logic, reasoning, and analytical thinking.

Soul

In many religious, philosophical, and mythological traditions, the incorporeal and immortal essence of a living being.

Faith

Belief, trust, and obedience to a religious deity.

Mere Belief

A conviction held without the support of evidence or rational justification.