A firm can produce two products with the cost function C(Q₁,Q₂)= 10 + 5Q₁ + 5Q₂ − 0.2Q₁Q₂.The firm enjoys: A) economies of scale in the two products separately. B) economies of scope. C) cost complementarity. D) economies of scale in the two products separately and cost complementarity.

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The Answer of A firm can produce two products with the cost function C(Q₁,Q₂)= 10 + 5Q₁ + 5Q₂ − 0.2Q₁Q₂.The firm enjoys: A) economies of scale in the two products separately. B) economies of scope. C) cost complementarity. D) economies of scale in the two products separately and cost complementarity.

A Firm Can Produce Two Products with the Cost Function