Author Question: Economies of scope often occur because A) a production facility can be used to produce more than one ... (Read 78 times)

jwb375 · **on:** Jun 30, 2018

Economies of scope often occur because
A) a production facility can be used to produce more than one product.
B) it forces firms to search for economies of scale.
C) it enhances the ability to find market niches.
D) managers are able to multi-task in product markets

Question 2

The mutually understood customs the two parties involved in a transaction follow from experience are known as _____.
a. focal points
b. norms
c. cores
d. strategies