If a company is able to use one set of inputs to produce a wider range of products and services, what is this ability called?Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.aeconomies of scalebeconomy of advantagececonomy of scopedeconomies of productivity
Question
If a company is able to use one set of inputs to produce a wider range of products and services, what is this ability called?Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.aeconomies of scalebeconomy of advantagececonomy of scopedeconomies of productivity
Solution
This ability is called "economy of scope".
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