General Studies · Managerial Economics
Lowering of costs that a firm often experiences when it produces two or more products together than each alone is known as ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Technical Efficiency
- 2Economies of Specialisation
- 3Economies of Scope✓
- 4Economies of scale
Correct answer
Economies of Scope
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