Economies of scope20 نوفمبر 2021 2021-11-15 1:37
Economies of scope
Give an example of economies of scope
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An economy of scope means that the production of one good reduces the cost of producing another related good. Economies of scope occur when producing a wider variety of goods or services in tandem is more cost effective for a firm than producing less of a variety, or producing each good independently. In such a case, the long-run average and marginal cost of a company, organization, or economy decreases due to the production of complementary goods and services.
ميرال محمود محمود سلامة Answered question