Economies of scope are savings acquired by
a. producing many goods simultaneously.
b. producing enough of one good to reach the minimum efficient scale of production.
c. selling one product at a loss but selling other products at a profit.
d. decreasing the regulation of an industry.
a
Economics
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According to the above figure, the profit maximizing price-output combination for the monopolist is a price of
A. 60 cents and an output of 30,000 newspapers per day. B. 50 cents and an output of 40,000 newspapers per day. C. 30 cents and an output of 30,000 newspapers per day. D. 45 cents and an output of 45,000 newspapers per day.
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