The property that a firm's average cost falls as it produces a larger number of different products.
Related information about economies of scope:
- 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 ...
- 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.
- 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, ...
- 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 ...
- 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 ...
- 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 ...
- 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 ...
- 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 ...