economies of scope
Definitions
Accounting
- plural noun the cost advantages of a company producing a number of products or engaging in a number of profitable activities that use the same technology
Health Economics
- (written as Economies of Scope)Economies of scope enable a firm to produce several goods or services jointly more cheaply than producing them separately. The simultaneous production of hospital care and medical teaching is an example.
- synonymscope effects (written as Economies of Scope)
- synonymScope Effects
