Bob defines "economy" in a manufacturing context as
A) Diseconomies of scale.
B) Diseconomies of scope.
C) Economies of scale.
D) Economies of scope.
E) Economies of size.

Name: Bob defines "economy" in a manufacturing context as A) Diseconomies of scale. B) Diseconomies of scope. C) Economies of scale. D) Economies of scope. E) Economies of size.
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Question

Quizplus · Accepted Answer

Size creates economies of scope; materials and processes employed in one product can be used to make other related products.

Bob Defines "Economy" in a Manufacturing Context as