One Guy's Pizza jointly produces pizzas and calzones.The joint cost function is:
C_P,C( q₁,q₂)= 4q₁ + 0.8q₂ - 1.5 ,where q₁ is the number of pizzas and q₂ is the number of calzones One Guy's Pizza produces.If One Guy produces pizzas alone,the cost function is: C_P(q₁)= 4q₁.If One Guy produces calzones alone,the cost function is:
C_C(q₂)= 0.8q₂.Calculate One Guy's degree of economies of scope if they produce 1,024 pizzas and 243 calzones.

Question

One Guy's Pizza jointly produces pizzas and calzones.The joint cost function is:
C_P,C( q₁,q₂)= 4q₁ + 0.8q₂ - 1.5

One Guy's Pizza jointly produces pizzas and calzones.The joint cost function is: C<sub>P,C</sub>( q<sub>1</sub>,q<sub>2</sub>)= 4q<sub>1</sub> + 0.8q<sub>2</sub> - 1.5 ,where q<sub>1</sub> is the number of pizzas and q<sub>2</sub> is the number of calzones One Guy's Pizza produces.If One Guy produces pizzas alone,the cost function is: C<sub>P</sub>(q<sub>1</sub>)= 4q<sub>1</sub>.If One Guy produces calzones alone,the cost function is: C<sub>C</sub>(q<sub>2</sub>)= 0.8q<sub>2</sub>.Calculate One Guy's degree of economies of scope if they produce 1,024 pizzas and 243 calzones.

,where q₁ is the number of pizzas and q₂ is the number of calzones One Guy's Pizza produces.If One Guy produces pizzas alone,the cost function is: C_P(q₁)= 4q₁.If One Guy produces calzones alone,the cost function is:
C_C(q₂)= 0.8q₂.Calculate One Guy's degree of economies of scope if they produce 1,024 pizzas and 243 calzones.

Quizplus · Accepted Answer

The Answer of One Guy's Pizza jointly produces pizzas and calzones.The joint cost function is: C_P,C( q₁,q₂)= 4q₁ + 0.8q₂ - 1.5 ,where q₁ is the number of pizzas and q₂ is the number of calzones One Guy's Pizza produces.If One Guy produces pizzas alone,the cost function is: C_P(q₁)= 4q₁.If One Guy produces calzones alone,the cost function is: C_C(q₂)= 0.8q₂.Calculate One Guy's degree of economies of scope if they produce 1,024 pizzas and 243 calzones.

One Guy's Pizza Jointly Produces Pizzas and Calzones