Question $2$

$1\mathrm{.}2pts$

Colgate$-$Palmolive's just opened a new$-$concept center is located in Tokyo, Japan, attracting many volunteers that are eager to test the firm's latest innovations. In that facility, Colgate$-$Palmolive researchers monitor consumer reactions. In this example, Colgate$-$Palmolive is trying to reap the benefits of

$$ location economies.

network effects.

economies of scale.

economies of scope.