Economy, asked by yodhbirsinghsubha, 1 day ago

what's is the meaning of economy of scope?​

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Answered by angelmadhwani
0

Answer:

An economy of scope means that the production of one good reduces the cost of producing another related good. ... In such a case, the long-run average and marginal cost of a company, organization, or economy decreases due to the production of complementary goods and services.

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Answered by ITzCuteBabe2
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\huge\star\red{Answer}

  • An economy of scope means that the production of one good reduces the cost of producing another related good. ... In such a case, the long-run average and marginal cost of a company, organization, or economy decreases due to the production of complementary goods and services.
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