Which of the following economies of scope is more costly to


1. Which of the following economies of scope is more costly to duplicate?

a. Employee compensation

b. Multipoint competition

c. Risk reduction

d. Shared activities

e. Tax advantages

2. Firm flexibility generates more value for the firm under conditions of ___________.

a. uncertainty

b. stability

c. certainty

d. Both (b) and (c)

e. None of the above

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Operation Management: Which of the following economies of scope is more costly to
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