Question: Recent productivity acceleration has been multiple choice 2 positively influenced by economies of scale because for firms selling digital or information products expanding production has

Recent productivity acceleration has been
multiple choice 2
positively influenced by economies of scale because for firms selling digital or information products expanding production has a very low marginal cost.
negatively influenced by economies of scale because modern firms selling digital or information products have high start-up costs.
positively influenced by economies of scale driven by digital or information based products because it has enabled us to encourage mergers.
negatively influenced by economies of scale because the digital nature of modern business now requires costly security to protect information systems.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!