Definitions for "Economies of scope"
Keywords:  scope, costly, quinn, enterprise, firm
The property that a firm's average cost falls as it produces a larger number of different products.
Refers to cases where the average cost from combining 2 or more activities is less than from doing them separately.
the cost advantages for an established manufacturer to make related products.
Keywords:  verticalintegration, edc
Economies of verticalintegration EDC
Keywords:  acct, esa, savings, education
Education Savings Acct (ESA)
Keywords:  integration, vertical
Economies of vertical integration ECS