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economies of scope

The property that a firm's average cost falls as it produces a larger number of different products.

Related information about economies of scope:
  1. Economies of scope - Wikipedia, the free encyclopedia
    Economies of scope are conceptually similar to economies of scale. Whereas ' economies of scale' for a firm primarily refers to reductions in average cost (cost ...
     
  2. Economies of Scope Definition | Investopedia
    An economic theory stating that the average total cost of production decreases as a result of increasing the number of different goods produced.
     
  3. Idea: Economies of scale and scope | The Economist
    Oct 20, 2008 ... The desire to garner economies of scope was the driving force behind the vast international conglomerates built up in the 1970s and 1980s, ...
     
  4. Economies of Scale, Economies of Scope
    Oct 15, 2012 ... I've been trying hard over the last several weeks to wrestle a very tough idea to the ground: economies of variety. Yes, there is such a thing, and ...
     
  5. Economies of Scope Definition & Example | InvestingAnswers
    We explain the definition of Economies of Scope, provide a clear example of how it works, and explain why it's an important concept in business, finance ...
     
  6. Economies of scope: Definition from Answers.com
    Economies of scope are cost advantages that result when firms provide a variety of products rather than specializing in the production or delivery of a single ...
     
  7. What is economies of scope? definition and meaning
    Definition of economies of scope: Reduction in long-run average and marginal costs, due to the production of similar or related goods or services where the ...
     
  8. Bundling and Economies of Scope
    Bundling and Economies of Scope. Introduction and context. Presentation]s aim. ▻ The digital convergence and its effects are now increasing. ▻ Market players ...