If there are economies of scope and if the price for each, Ask an Expert

Economics

If there are economies of scope and if the price for each product equals marginal cost, is it possible for a firm to cover all its costs? If the firm's average cost of production declines the more it produces, can a price equal to marginal cost ever cover all its costs?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9605437

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