________ are similar to economies of scale, except the advantage comes through the scope (or range) of a firm's operations rather than from its scale of production.
A) Economies of reach
B) Economies of span
C) Economies of capacity
D) Economies of range
E) Economies of scope

Question

Quizplus · Accepted Answer

The description matches the concept of economies of scope, which is when a firm can achieve cost savings and/or revenue gains by expanding the range of its operations or product offerings while maintaining efficiency through shared resources or capabilities. The other options (A, B, C, and D) are not commonly recognized terms in economics or business.

________ Are Similar to Economies of Scale, Except the Advantage