When There Are Economies of Scope Between Two Products Which

question 30

Multiple Choice

When there are economies of scope between two products which are separately produced by two firms,merging into a single firm can:

• A) accomplish an increase in sales.
• B) accomplish a reduction in costs.
• C) lead to an increase in cost.
• D) lead to a reduction in sales.

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Definitions:

Cognitive-behavioral Therapy

is a psychotherapeutic approach that aims to solve problems concerning dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic process.

Compulsive Urges

Strong, uncontrollable desires or impulses that compel an individual to perform certain acts repeatedly.

Brain Functioning

The activities and processes executed by the brain to support physical, cognitive, and emotional tasks, ranging from basic bodily operations to complex thought processes.

Family Therapy

A type of psychological counseling that helps family members improve communication and resolve conflicts, usually provided by a clinician experienced in family dynamics.