It costs firm A $800 to produce five radios and it costs firm B $500 to produce
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Question:
It costs firm A $800 to produce five radios and it costs firm B $500 to produce five batteries. If Firm A merges with firm B, it can produce both the five radios and the five batteries for $1500. The firm has experienced
a. Economies of Scale
b. Economies of Scope
c. Diseconomies of Scale
d. Diseconomies of Scope
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