Answered: 4. Economies of scope refer to: A)…

4. Economies of scope refer to: A) changes in technology. B) the very long run. C) multiproduct firms. D) single product firms that utilize multiple plants. E) short-run economies of scale.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

4. Economies of scope refer to:
A) changes in technology.
B) the very long run.
C) multiproduct firms.
D) single product firms that utilize multiple plants.
E) short-run economies of scale.

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