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Author Question: The difference between economies of scale and economies of scope is: a. economies of scale occur ... (Read 214 times)

Lobcity

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on: Jul 1, 2018
The difference between economies of scale and economies of scope is:
 a. economies of scale occur whenever inputs can be shared in the production of different products
  b. economies of scope occur whenever inputs can be shared in the production of different products
  c. economies of scale can occur when two or more products are produced
 d. economies of scope can occur when two or more products are produced
 e. both b and d

Question 2

Vertical contracts between manufacturers and retailers often aim to
 a. Incentivize the retailers to undertake costly activities, which they otherwise may not realize the full benefits of on their own
  b. Serve as a signal of the manufacturer's belief of the likely success of his product
 c. Reimburse the retailer for the cost of managing an extended inventory
 d. All of the above


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Jmfn03

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Reply #1 on: Jul 1, 2018
Answer to Question 1

e

Answer to Question 2

d


Lobcity

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Reply #2 on: Jul 1, 2018
Correct answers!


Jmfn03

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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