Which of the Following Statements About Types of Economies Is

question 92

Multiple Choice

Which of the following statements about types of economies is true?

• A)An organization's small size often creates scale economies and economies of scope.
• B)An organization's small size often creates scale economies but not economies of scope.
• C)An organization's large size often creates scale economies and economies of scope.
• D)An organization's large size often creates scale economies but not economies of scope.
• E)An organization's large size often creates economies of scope but not scale economies.

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Definitions:

Line Chart

A type of chart that displays information as a series of data points connected by straight line segments, commonly used to visualize trends over time.

Stem-And-Leaf Plot

A graphical representation of data where each data point is split into a "stem" (the leading digit(s)) and a "leaf" (the trailing digit).

Numerical Values

Quantitative measurements or amounts represented as numbers rather than qualitative descriptions.

Skewed Histogram

A skewed histogram shows a distribution of data that is not symmetrically distributed, with a tail that is longer on one side of the peak than the other.