Scope of Economies, I have a problem in economics on Scope of Economies . Please help me

Scope of Economies

I have a problem in economics on Scope of Economies. Please help me in the following question. Whenever the production of one good (example: milk) decreases the production costs of complementary products (that is, butter and cheese), a firm is capable to exploit the economies of: (i) Scope. (ii) Scale. (iii) Transaction costs. (iv) Information. (v) Structure.

What is the most precise answer from the above.

View Complete Question

Related Questions in Microeconomics

Q : Price elasticity when total revenue

Total revenue grows while the price of a good is cut when the price elasticity of: (w) demand exceeds the price elasticity of supply. (x) substitute goods is less than one. (y) supply is into a relatively elastic range. (z) demand is

Q : Find out marginal cost curve

LoCalLoCarbo has turn into the favorite of fad dieters. Therefore in illustrated figure there curve C shows: (1) LoCalLoCarbo’s marginal cost curve. (2) LoCalLoCarbo’s average variable cost curve. (3) LoCalLoCarbo’s average total cost curve. (4) the

Q : Supply curves toward right from

Technological progress shift: (i) Demand curves up and to right. (ii) Production possibilities curve in the direction of their origins. (iii) Prices into inflationary spiral. (iv) Supply curves rightward from vertical axis. Can som

Q : Determine prise when demand decrease

In this market for textbooks, demand has transferred from D0 to D1 and supply varied from S0 to S1. Such market for textbooks has experienced as: (w) a raise in demand and supply. (x) a redu

Q : Output produces by monopolistic

This monopolistic competitor generates Q0 output where is: (1) MR = MC. (2) MSB > MSC. (3) average cost is not minimized. (4) P = ATC. (5) All of the above.

Q : Principles of Macroeconomics Questions

(a) Explain the relationship between full employment of resources and full production. (b) Look at the following production possibilities curve illustrating the possibilities in Sluggerville for producing bats and/or p

Q : Problem on Blacklisting The

The Blacklisting was once common however now illegal in the labor market practice of: (i) Boycotting the products of firms whose workers are on strike. (ii) Forcing the workers to sign agreements not to join the unions. (iii) Paying the union officers to systematize u

Q : What is the sum of market demand for a

I have a problem in economics on what is the sum of market demand for a good. Please help me in the following question. The other things constant, market demand for the good is a sum of: (i) Firm’s utility-maximizing decisions. (ii) Amounts dema

Q : Demand Curve when price is cut I have a

I have a problem in economics on Demand Curve when price is cut. Please help me in the following question. When the price of Snapple is cut, then: (1) The lower quantity of Snapple is demanded. (2) A bigger quantity of Snapple is demanded. (3) Demand for the Snapple r

Q : Determine income in Loren curve When

When one family held ALL the income it would be shown upon the Lorenz curve as: (1) line 0A0'. (2) line 0B0'. (3) line 0C0'. (4) line 0D0'. (5) line 0E0'.

Discover Q & A

Leading Solution Library

Avail More Than 1461713 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1956229
Asked

3,689

Active Tutors

1461713

Questions
Answered

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

Submit Assignment