The equation below gives the degree of economies of scope (SC): SC = where C(Q₁)is the cost of producing output Q₁,C(Q₂)is the cost of producing output Q₂,and C(Q_1,Q₂)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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The Answer of The equation below gives the degree of economies of scope (SC): SC = where C(Q₁)is the cost of producing output Q₁,C(Q₂)is the cost of producing output Q₂,and C(Q_1,Q₂)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.

The Equation Below Gives the Degree of Economies of Scope