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The Equation Below Gives the Degree of Economies of Scope

Question 128

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The equation below gives the degree of economies of scope (SC) : The equation below gives the degree of economies of scope (SC) :   where C(Q<sub>1</sub>)  is the cost of producing output   is the cost of producing output Q<sub>2</sub>, and   is the joint cost of producing both outputs. If SC is negative: A)  there are neither economies nor diseconomies of scope. B)  there are economies of scope. C)  there are diseconomies of scope. D)  there are both economies and diseconomies of scope. where C(Q1) is the cost of producing output The equation below gives the degree of economies of scope (SC) :   where C(Q<sub>1</sub>)  is the cost of producing output   is the cost of producing output Q<sub>2</sub>, and   is the joint cost of producing both outputs. If SC is negative: A)  there are neither economies nor diseconomies of scope. B)  there are economies of scope. C)  there are diseconomies of scope. D)  there are both economies and diseconomies of scope. is the cost of producing output Q2, and The equation below gives the degree of economies of scope (SC) :   where C(Q<sub>1</sub>)  is the cost of producing output   is the cost of producing output Q<sub>2</sub>, and   is the joint cost of producing both outputs. If SC is negative: A)  there are neither economies nor diseconomies of scope. B)  there are economies of scope. C)  there are diseconomies of scope. D)  there are both economies and diseconomies of scope. is the joint cost of producing both outputs. If SC is negative:


A) there are neither economies nor diseconomies of scope.
B) there are economies of scope.
C) there are diseconomies of scope.
D) there are both economies and diseconomies of scope.

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