Which of the following best illustrates 'economies of scope'?
A) A factory producing more units of a single product at a decreasing cost per unit
B) A company benefiting from producing a range of different products using the same resources
C) A company expanding its market share by acquiring competitors
D) A firm increasing its production as it grows in size
Not the question you are looking for? Ask here!
Enter question by text
Enter question by image
Unlock Smarter Learning with AskSia Super!
Join Super, our all-in-one AI solution that can greatly improve your learning efficiency.