Using specialized equipment to produce simultaneously a number of similar items

a. leads to economies of scale.
b. is the goal of deregulation.
c. can only happen in a high technology nation.
d. is called economies of scope.

d

Economics

You might also like to view...

Assuming that the average duration of its assets is five years, while the average duration of its liabilities is three years, then a 5 percentage point increase in interest rates will cause the net worth of First National to decline by ________ of

the total original asset value. A) 5 percent B) 10 percent C) 15 percent D) 25 percent

Economics

The risk premium of corporate bonds typically increases

A) when the average price of corporate bonds increase. B) during a recession. C) when the interest rates on corporate bonds decreases. D) when the risk premium on treasury bonds increases.

Economics