Microsoft found that instead of producing a dvd player and a gaming system separately, it is cheaper to incorporate dvd playing capabilities in their new version of the gaming system. Microsoft is taking advantage of
a. Economies of Scale
b. Learning curve
c. Economies of Scope
d. Decreasing marginal costs
c
Economics
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As a result of the rightward shift in the demand curve for labor from LD0 to LD1, the equilibrium level of employment ________ and potential GDP ________
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases
Economics
The employer who has the most unionized workers is the:
A. government. B. airline industry. C. trucking industry. D. auto industry.
Economics