This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is the best example of economies of scope? A) Coca-Cola expands its global ... (Read 79 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jul 1, 2018
Which of the following is the best example of economies of scope?
 
  A) Coca-Cola expands its global operations to sub-Sahara Africa.
  B) Alcohol for car fuel is produced from corn.
  C) Amazon.com decides to rent out its Web site to independent e-commerce companies.
  D) A company reduces its cost by getting bigger discounts for bulk purchases.

Question 2

Why can't all goods be inferior?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nmyers

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

If all goods were inferior, an increase in income would lead to a decline in the quantity demanded for all goods. This, however, would leave the consumer below the budget line and therefore not achieving the highest utility possible.


s.tung

  • Member
  • Posts: 577
Reply 2 on: Jul 1, 2018
Excellent

brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

A Global Bloom: Cities With Over One Million Residents A Global Bloom: Cities With Over One Million Residents
A dual-trace scope pattern showing both the power and the waste spark from the same coil ... A dual-trace scope pattern showing both the power and the waste spark from the same coil ...
Global Winds and Ocean Currents Global Winds and Ocean Currents
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
Industry is responsible for 21% of global greenhouse gas emissions Industry is responsible for 21% of global greenhouse gas emissions
Global Distribution of Precipitation Global Distribution of Precipitation
Video: Structures that affect circulation - arterioles and vasomotor responses and venous return

For a complete list of videos, visit our video library