It costs firm A $800 to produce five radios and it costs firm B $500 to produce five batteries.If Firm A merges with firm B,it can produce both the five radios and the five batteries for $1500.The firm has experienced
A) Economies of Scale
B) Economies of Scope
C) Diseconomies of Scale
D) Diseconomies of Scope
Correct Answer:
Verified
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Q45: What are diseconomies of scope?
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Q47: The ability to lower the average costs
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B)current production
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