Answer:
0.15
Explanation:
The computation of the degree of economies of scope in this case is given below:
(cost of producing basketballs + cost of producing soccer balls - annual cost of production) ÷ annual cost of production
= ($70,000 + $45,000 - $100,000) ÷ $100,000
= 0.15
Answer:
True
Explanation:
Money spent by the government into the economy for welfare of the household
Answer:
Unique product.
Explanation:
The main driver of the LEGO's strategy is their unique product. Despite it is easily fakeble, LEGO has reach a level where the product is inseparable of the experience that offers the toy. Unlike, Hasbro or Mattel, unable yet, of produce a unique toy and an unique experience.
Some would say that is the marketing strategy the actual competitive advantage, but is important to remember that there is no good marketing strategy without a good product.
