Which of the Following Is Consistent with Economies of Scope

question 108

Multiple Choice

Which of the following is consistent with economies of scope? The subscript "b" refers to a banking firm,"s" for a securities firm,"AC" is average costs and "TC" is total costs.

• A)AC_{b + s} > AC_b + AC_s.
• B)AC_{b + s} = AC_b + AC_s.
• C)AC_{b + s} < AC_b + AC_s.
• D)TC_{b + s} < TC_b + TC_s.

---

Definitions:

Secondary Spermatocyte

A cell that arises from the division of a primary spermatocyte during spermatogenesis and goes on to divide into spermatids.

Meiosis II

The second division in meiosis, a process of cell division that reduces the chromosome number by half, resulting in the production of four genetically distinct gametes.

Meiosis I

The first division in the two-stage process of meiosis that reduces the chromosome number by half, resulting in four haploid cells.

Haploid Gamete

A sex cell (sperm or egg) that contains a single set of chromosomes, ensuring that upon fertilization, the resulting offspring will have the correct number of chromosomes.