ECONOMIES OF SCOPE The degree of economies of scope measures the savings in cost and can be written:
{"Image DocumentName": "ECONOMIES OF SCOPEThe degree of economies of scope measures the savings in cost and can be written:", "Image ImageDescription": "C(Q1) is the cost of producing Q1. C(Q2) is the cost of producing Q2. C(Q1Q2) is the joint cost of producing both products. If SC > 0 -- Economies of scope. If SC < 0 -- Diseconomies of scope. 114.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}