_____ refer(s)to efficiencies gained from demand-side changes, such as increasing the range of marketing and distribution.

Question

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Economies of scope refer to efficiencies gained by increasing the variety of goods or services produced, which can include expanding marketing and distribution channels to reach more customers or markets. This is different from economies of scale, which are efficiencies gained by increasing the volume of a single product or service.

_____ Refer(s)to Efficiencies Gained from Demand-Side Changes, Such as Increasing