Business, 18.10.2019 20:10 trixxytang
Suppose a firm has the ability to produce soap, toothpaste, or both. if the firm produces q subscript upper s units of soap and no toothpaste, then the total cost of production will be $33 thousand. if instead the firm produces q subscript upper t units of toothpaste and no soap, then the total cost of production will be $15 thousand. however, if the firm produces both q subscript upper s units of soap and q subscript upper t units of toothpaste, then the firm's total cost of production will be $46 thousand. does this firm potentially experience economies of scope, diseconomies of scope, or no economies of scope?
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Suppose a firm has the ability to produce soap, toothpaste, or both. if the firm produces q subscrip...
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