Economies of scope are cost savings resulting from a firm successfully leveraging, either through sharing or transferring, some of its capabilities and competencies developed in one business to another business. True False

The correct answer is True.

Explanation:

In the economy of scale, collaboration or business support is presented in the transfer of some strengthened knowledge in order to receive the same from another organization specialized in a necessary activity. The cost savings are presented in that there is no place for the hiring of expert personnel, therefore there are no costs incurred in personnel, office equipment, among others.

True

Explanation:

Economies of scale are the cost focal points that undertakings acquire because of their size of activity (commonly estimated by measure of yield delivered), with cost per unit of yield diminishing with expanding scale.

It apply to an assortment of authoritative and business circumstances and at different levels, for example, a business or assembling unit, plant or a whole endeavor. At the point when normal costs begin falling as yield expands, at that point economies of scale are happening.

It frequently depend on fixed cost which are consistent and don't fluctuate with yield, and variable costs which can be affected with the measure of yield.

answer; test-retest;

answer; measurable outcome;