Which of the following best describes scope economies?
A) cost advantage resulting from production, development or distribution in more than one country.
B) cost advantage resulting from large volume production, development or distribution.
C) cost advantage resulting from the joint production, development or distribution of more than one product.
D) cost advantage resulting from the production, development or distribution of very high quality products.

Question

Quizplus · Accepted Answer

Scope economies is based on the notion that certain economies arise from the fact that the cost of joint production 
or development or distribution of two or more products can be less than the cost of producing them separately.

Which of the Following Best Describes Scope Economies