Economies of Scope Exist Between Book Publishing and Magazine Publishing

question 92

Multiple Choice

Economies of scope exist between book publishing and magazine publishing if

• A) the cost of publishing a magazine is lower for book publishers than for other firms.
• B) the cost of publishing a magazine is lower for firms that publish many magazines than for firms that publish only one magazine.
• C) the cost of publishing a book falls over time as the publisher acquires more experience.
• D) the cost of a publishing a book is not subject to diminishing marginal returns.

---

Definitions:

Major Divisions

The primary organizational units within a corporation or entity, each focusing on a different aspect of the business.

Project Manager

A professional responsible for leading the planning, execution, monitoring, control, and closure of a project.

Initiation Phase

The beginning stage of a project or plan where objectives are defined, teams are formed, and projects are officially started.

Project Manager

A professional responsible for planning, executing, and closing projects, as well as managing the team and resources.