An airlines realizes that instead of offering free checked in baggage,they could put a charge on checked baggage without the demand for the tickets decreasing.The space saved can be used to carry priority mail packages,with hardly any additional costs.The airlines has realized
A) Economies of scale
B) Economies of scope
C) Diseconomies of scale
D) Diseconomies of scope
Correct Answer:
Verified
Q51: The ability to lower the average costs
Q52: Ray's Radios believed the synergies between radio
Q53: A food truck operator originally produced hamburgers
Q54: What are economies of scope?
A)the cost of
Q55: After sugar refiner has produced fine sugar
Q57: What is a synergy or cost complementarity?
A)the
Q58: Ray's Radios believed the synergies between radio
Q59: It costs firm A $800 to produce
Q60: Which of these statements are FALSE
A)If production
Q61: Expansion
Your firm prints the novelty baseball cards
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