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Satsume Satsume
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6 years ago
One Guy's Pizza jointly produces pizzas and calzones.  The joint cost function is:
CP,C( q1, q2) =  4 q1 + 0.8  - 1.5 q11/5 q21/5, where q1 is the number of pizzas and q2 is the number of calzones One Guy's Pizza produces.  If One Guy produces pizzas alone, the cost function is:
CP (q1) =  4 q1.  If One Guy produces calzones alone, the cost function is: CC (q2) = 0.8 q2.  Calculate One Guy's degree of economies of scope if they produce 1,024 pizzas and 243 calzones.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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#1
6 years ago
SC =   =   =0.72.  Since the measure is positive, One Guy's Pizza enjoys economies of scope for pizza and calzone production.
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