Business, 05.11.2019 05:31 maddy3lizabeth

Suppose a firm has the ability to produce soap, toothpaste, or both. if the firm produces q subscript upper s units of soap and no toothpaste, then the total cost of production will be $30 thousand. if instead the firm produces q subscript upper t units of toothpaste and no soap, then the total cost of production will be $34 thousand. however, if the firm produces both q subscript upper s units of soap and q subscript upper t units of toothpaste, then the firm's total cost of production will be $36 thousand. does this firm potentially experience economies of scope, diseconomies of scope, or no economies of scope? this firm potentially experiences economies of scope . what is the firm's degree of economies of scope? the degree to which this firm potentially experiences

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Suppose a firm has the ability to produce soap, toothpaste, or both. if the firm produces q subscrip...

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