(a) What is the meaning of economies of scope? How do they differ from economies of sca


Question: Question 9:

(a) What is the meaning of economies of scope? How do they differ from economies of scale? (b) What do learning curves show? How do they differ from economies of scale? What is the usefulness of learning curves as a managerial tool? What is the reason for rising international trade in inputs and the use of foreign skilled labor?

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