Economies of Scope - Tom Spencer consulting blog
Tom Spencer
NOVEMBER 14, 2011
by Tom Spencer on November 14, 2011 · 0 comments  ·  Image Source. Economies of scope exist where a firm can produce two products at a lower per unit cost than would be possible if it produced only the one. For example, SMEs currently account for more than 99% of businesses in Europe ( Economist Intelligence Unit 2011 ).
Let's personalize your content