Asked by Megan Shanahan on Sep 24, 2024
Eddys' Electronics found that instead of producing a dvd player and a gaming system separately,it is cheaper to incorporate dvd playing capabilities in their new version of the gaming system.Eddy's is taking advantage of
A) Economies of Scale
B) Learning curve
C) Economies of Scope
D) Decreasing marginal costs
Economies Of Scope
Cost advantages that enterprises obtain due to a larger scope of operations, where producing a wider variety of goods or services results in lower average costs.
- Apprehend the essence of economies and diseconomies of scope.
Learning Objectives
- Apprehend the essence of economies and diseconomies of scope.