Which of the Following Occurs If the Costs of Joint

question 90

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.
• E)Constant returns to scale.

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Definitions:

Philippines

An archipelagic country in Southeast Asia, consisting of more than 7,000 islands, known for its diverse culture, natural beauty, and colonial history.

Attack on Spain

This term lacks context but could refer to any military or aggressive action aimed at Spain throughout history, requiring specification of the event or period.

United States

A federal republic in North America comprised of 50 states, a federal district, five major self-governing territories, and various possessions.

Senator Albert Beveridge

An American historian and U.S. senator from Indiana, known for his support of American imperialism and expansionism in the early 20th century.