Which of the Following Occurs If the Costs of Joint

question 78

Multiple Choice

Which of the following occurs if the costs of joint production of FI services are higher than they would be if they were produced independently?

• A)Economies of scale.
• B)Diseconomies of scale.
• C)Economies of scope.
• D)Diseconomies of scope.

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Definitions:

City Manager

An official appointed as the administrative manager of a city, in a council-manager form of city government.

City Council

The legislative body that governs a city, town, municipality, or local government area.

Incentives

Refer to factors that motivate or encourage individuals to perform an action or behave in a specific manner.

Extra-Credit Assignment

An additional task given to students that goes beyond the required coursework, offering an opportunity to earn more points towards their grade.