Economies of Scope Exist If

question 92

Multiple Choice

Economies of scope exist if:

• A)it is cheaper to have only one firm in an industry.
• B)it is cheaper for one firm to produce two products jointly than for separate firms to produce them separately.
• C)it is more expensive to have one firm in an industry.
• D)it is cheaper for two firms to work together to make two products than for one firm to make both by itself.

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Definitions:

Susceptible Host

An individual who has little or no immunity to infection by a particular organism.

Immunity

The ability of an organism to resist harmful microorganisms from entering it, through the actions of specific antibodies or sensitized white blood cells.

Pathogen

A microorganism, such as a virus, bacteria, or fungus, that can cause disease in its host.

Airborne Transmission

The spread of diseases or pathogens through the air, via small droplets or particles that can be inhaled by individuals nearby.