--%>

Economies of Scope problem

In the year 1960s, suburbanites start to landscape by employing bark which had formerly been discarded whenever Clear-Cut Forestry Products turned logs to lumber whereas decimating old-growth forests. The extra operating revenue to Clear-Cut from selling bags of bark most directly outcome from: (1) Specialization according to the comparative advantage. (2) Economies of scope. (3) More extensive divisions of the labor. (4) Economies of the scale. (5) Efficiency profits from decreased transaction costs.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : Assumption of economic model-financial

    Most of the economic models suppose that the financial goal of a corporation is the maximization of the value of: (1) Firm’s net revenue. (2) Accounting gains to the firm. (3) Firm to its shareholders. (4) Progress of the sales revenues. (5) Monetary advantages

  • Q : Assignment hi tutor, I sent you the new

    hi tutor, I sent you the new one assignment, Can you solve it for me , please. I want to receive the solution on this Saturday (11/1/2014) . Is that ok? Thank you so much.

  • Q : Maximum possible total revenue by sales

    Maximum possible total revenue by sales of the especially popular St. Valentine’s Day software is about: (i) $140 million. (ii) $250 million. (iii) $350 million. (iv) $420 million. (v) $1 billion.

    Q : Problem on Rational Ignorance Not

    Not learning the whole thing possible regarding someone prior to you marry them is an illustration of: (i) Adverse selection. (ii) Moral hazard. (iii) Economic dishonesty. (iv) Blind indifference. (v) Rational ignorance. Choose the

  • Q : Average Variable Cost-Average Total

    Describe the relationship among Average Variable Cost (AVC) Average, Total Cost (ATC) and marginal Cost (MC)? Answer: A) If MC

  • Q : Labor Supply-Elasticity I have a

    I have a problem in economics on Labor Supply-Elasticity. Please help me in the following question. When we try to list the labor supplies from least elastic to the most elastic, then the most accurate ranking would most likely be: (i) Competitive fir

  • Q : Classification of Surveys as

    Surveys can be classified as probabilistic sampling: • Simple random sampling: If you have a relatively small, self-contained, or clearly stated population, suc

  • Q : Economic profit generating purely

    In this illustrated figure in below the only purely competitive firm currently generating economic profit is in: (w) Firm A. (x) Firm B. (y) Firm C. (z) Firm D.

    Q : Charge price similar to marginal cost

    When a profit-maximizing monopolist who does not price discriminate charges a price equal to its marginal cost, this will: (w) minimize average cost and generate zero economic profit. (x) minimize average cost and gen

  • Q : Labor Force Participation Rates The

    The percentage of a specified population who are either unemployed or employed is termed as the: (1) labor force participation rate. (2) work-force proportion. (3) labor supply. (4) substitution effect dominance rate. (5) income-leisure loss curve.

    Discover Q & A

    Leading Solution Library
    Avail More Than 1459389 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1927354
    Asked

    3,689

    Active Tutors

    1459389

    Questions
    Answered

    Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.