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PaulKet PaulKet
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6 years ago
Suppose the cost of producing two goods, x and y, can be represented as C = ax + by + cxy. If there are economies of scope, then which of the following must be TRUE?
A) c > 0
B) a + b = -c
C) c = 0
D) c < 0
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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RumkoRumko
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#1
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6 years ago
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PaulKet Author
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6 years ago
Correct Slight Smile TY
gma_of_7
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Yesterday
Helped a lot
kaytee23
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2 hours ago
Good timing, thanks!
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