Which of the following is LEAST likely to be associated with the firm that has the higher market share?
A) learning curve effects
B) economies of scale
C) economies of scope
D) higher profitability

Question

Quizplus · Accepted Answer

Economies of scope refer to the efficiencies primarily associated with demand-side changes, such as increasing or decreasing the scope of marketing and distribution, or by leveraging synergies between different product lines. This concept is less directly related to market share compared to learning curve effects, economies of scale, and higher profitability, which are more directly influenced by the volume of production and sales that typically accompany higher market share.

Which of the Following Is LEAST Likely to Be Associated