Trisha's Fashion Boutique can jointly produce evening gowns and formal gowns. The joint cost curve is:
where
is the number of evening gowns and
is the number of formal gowns Trisha produces. If Trisha produces evening gowns alone, the cost function is:
If Trisha produces formal gowns alone, the cost function is:
Calculate Trisha's degree of economies of scope if she produces 25 evening gowns and 9 formal gowns.
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