Economies of scope are savings acquired by
A)producing many goods simultaneously.
B)producing enough of one good to reach the minimum efficient scale of production.
C)selling one product at a loss but selling other products at a profit.
D)decreasing the regulation of an industry.

Question

Quizplus · Accepted Answer

Economies of scope occur when a company can produce multiple products more cheaply in combination than separately, due to shared inputs, processes, or capabilities.

Economies of Scope Are Savings Acquired by