causes of economies of scope
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Explanation:
Economies of scope occur when a firm can gain efficiencies from producing a wider variety of products. These efficiencies can involve lower average costs.
...
Potential problems of economies of scope
Less knowledge in new products. ...
Damage to brand name. ...
Potential diseconomies of scale from increased firm size.
Answered by
4
Gud evening!!
Explanation:
Economies of Scope occur when a firm can gain efficiencies from producing a wider variety of products. These efficiencies can involve lower average costs.
...
Potential problems of economies of scope
Less knowledge in new products. ...
Damage to brand name. ...
Potential diseconomies of scale from increased firm size.
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