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juin [17]
3 years ago
12

Use the table to indicate which description characterizes economies of scale and which characterizes economies of scope.

Business
1 answer:
kenny6666 [7]3 years ago
3 0

Answer and Explanation:

The economics of scope refers to the total cost production cost i.e to be averaged for the various type of goods

While on the other hand, the economics of scale refers to the benefit of the cost than occurs when there is a higher production level at a time

Based on this, the classification is as follows

1, Economics of scale as the output rises that declines the LAC so automatically it goes downward

2. economics of scope

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