Economies of scope often occur because
A) a production facility can be used to produce more than one product.
B) it forces firms to search for economies of scale.
C) it enhances the ability to find market niches.
D) managers are able to multi-task in product markets
A
Economics
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If consumers suddenly have a greater desire for energy drinks, the price of energy drinks will likely ________ and producers will ________ production
A) increase; decrease B) increase; increase C) decrease; decrease D) decrease; increase
Economics
If the current account is in surplus and the capital account is zero, then
A) net exports must be positive. B) the balance of payments must be in surplus. C) the financial account must be in deficit. D) there is a capital inflow.
Economics