Economies of Scope Refers to

question 75

Multiple Choice

Economies of scope refers to

• A)lower costs per unit produced.
• B)materials and processes employed in one product can be used to make other,related products.
• C)getting products to market ahead of the competition.
• D)the producer with the greatest percentage of market share.
• E)indicators that an organization has contributed to economic growth.

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Definitions:

Spreading Activation Model

A cognitive theory suggesting that ideas in memory are linked and that the activation of these links spreads across related ideas.

Connectivity

In neuroscience, it refers to the way in which different parts of the brain are connected and communicate with each other.

Semantic Association

The relation or connection between different meanings or understandings of words or concepts.