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Economies of scope exist when it is cheaper to produce: with a large fixed plant

ID: 1133750 • Letter: E

Question

Economies of scope exist when it is cheaper to produce:

with a large fixed plant and equipment.

at increasing rates of output.

given quantities of two different products together than to produce the same quantities separately.

given quantities of two different products separately than to produce the same quantities together.

using more than one technique.

with a large fixed plant and equipment.

at increasing rates of output.

given quantities of two different products together than to produce the same quantities separately.

given quantities of two different products separately than to produce the same quantities together.

using more than one technique.

Explanation / Answer

Option C.

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