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Economies of scope

The financial definition for Economies of scope:

Scope economies exist whenever the same investment can support multiple profitable activities less expensively in combination than separately.




Similar Matches

Economies of scale

Economies of scale
Achievement of lower average cost per unit through increased production.


Economies of vertical integration

Economies of vertical integration
Produced by achieving lower operating costs by owning all components of production and sometimes sales outlets rather than contracting for companies in the outside marketplace.




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