Author Question: ________ economies occur when a firm's costs of production decline as the number of firms in that ... (Read 29 times)

LCritchfi

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________ economies occur when a firm's costs of production decline as the number of firms in that industry increase within a given area.
 
  A) Agglomeration
  B) Consolidation
  C) Accommodation
  D) Divergent

Question 2

Which of the following is an advantage of the functional design?
 
  A) Expertise is transferred with difficulty between functional areas.
  B) Managers no longer have centralized control over functional operations.
  C) Attention is focused on key areas of the firm.
  D) Coordination between divisions is simplified.



jharrington11

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Answer to Question 1

A

Answer to Question 2

C



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