_____ Refer(s)to the Cost Advantage That a Business Obtains Through

question 32

Multiple Choice

_____ refer(s) to the cost advantage that a business obtains through expanding in size.

• A)Economies of scope
• B)Synergies
• C)Network externality
• D)Vertical scope
• E)Economies of scale

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Definitions:

Genetics

The branch of biology that deals with the study of genes, genetic variation, and the hereditary traits in living organisms.

Biological Attributes

Characteristics that are determined by the genetics and physiology of an organism.

Gender Roles

Societal norms dictating the behaviors, tasks, and responsibilities expected of individuals based on their perceived sex.

Grandparents

Older adults who are the parents of one's parents, often playing significant roles in family support and childcare.