Economies of Scope Refers to the Idea That

Multiple Choice

Economies of scope refers to the idea that

A) producing large quantities results in lower costs per unit produced.
B) materials and processes employed in one product can be used to make related products.
C) getting products to market ahead of the competition is, often, a key to success.
D) the producer with the greatest percentage of market share has maximum staying power.
E) the variety of products offered indicates sustainable economic growth.