Week 2 economics scope | ECO 550 Managerial Economics and Globalization | Strayer University
Economies of Scope and Scale What are they? What is the key difference between an economy of scale and an economy of scope? https://cdnapisec.kaltura.com/index.php/extwidget/preview/partner_id/956951/uiconf_id/38285871/entry_id/1_e6f88crm/embed/dynamic One source of growth is external growth from a merger and/or acquisition. Often merger/acquisition are justified on the basis of the expected benefits from ‘synergies’ created by the merger/acquisition. Economists know these as economies of scale and economies of scope. Select one […]