Which of the following is an example of economies of scope? A) A mountain resort begins running chairlifts for mountain bikers and hikers during the summer. The resort was initially built for skiing during the winter months. B) Some computer hardware manufacturers lower costs by outsourcing support services to call centers in India. C) Securicorp can provide security services to all local households at a lower average cost than if two firms provided home security. D) Walmart can transport goods and services at a lower cost than any of its retail competitors can.
Which of the following is an example of economies of scope? A) A mountain resort begins running chairlifts for mountain bikers and hikers during the summer. The resort was initially built for skiing during the winter months. B) Some computer hardware manufacturers lower costs by outsourcing support services to call centers in India. C) Securicorp can provide security services to all local households at a lower average cost than if two firms provided home security. D) Walmart can transport goods and services at a lower cost than any of its retail competitors can.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
Section: Chapter Questions
Problem 10SQP
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Which of the following is an example of economies of scope?
A) A mountain resort begins running chairlifts for mountain bikers and hikers during the summer. The resort was initially built for skiing during the winter months.
B) Some computer hardware
C) Securicorp can provide security services to all local households at a lower average cost than if two firms provided home security.
D) Walmart can transport goods and services at a lower cost than any of its retail competitors can.
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