Why Choose Us?
0% AI Guarantee
Human-written only.
24/7 Support
Anytime, anywhere.
Plagiarism Free
100% Original.
Expert Tutors
Masters & PhDs.
100% Confidential
Your privacy matters.
On-Time Delivery
Never miss a deadline.
What are Diseconomies of Scale and Diseconomies of Scope?
What are Diseconomies of Scale and Diseconomies of Scope?
Expert Solution
Diseconomies of scale refer to a situation where a firm grows so big that the cost per unit rises. The company focuses on the rise in cost when the output is increased rather than experiencing a continued decrease in costs and an increase in output. Various types of diseconomies of scale include external and internal diseconomies. However, diseconomies of scope refer to a situation where the average production cost is higher from the joint production of services than the average cost from the former independent production of the services.
Archived Solution
You have full access to this solution. To save a copy with all formatting and attachments, use the button below.
For ready-to-submit work, please order a fresh solution below.





