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Economies of Scope

Economies of Scope: Meaning, Formula, and How to Calculate

Updated on April 8, 2022 by Ahmad Nasrudin

Economies of Scope Meaning Formula and How to Calculate

What's it: Economies of scope is a reduction in the unit cost of production when companies produce two or more products using the same production

Topic: Business Growth, Economies of Scope Category: Business and Strategy, Microeconomics

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