economies of scope meaning
= See scope economies
Scope economies exist whenever the same investment can support multiple profitable activities less expensively in combination than separately.
- first is for the economies of scope or synergy effect
- economies of scope is an important tool in measuring the internal efficiency of higher education
- the economies of scope, complementarities, and network externalities of an institutional matrix make institutional change overwhelmingly incremental and path dependent
- comparative advantages of universal banking include economies of scope and risk diversification; comparative disadvantages include risk contagion and conflicts of interest
- The economies of scope of new destinations can bring in more passengers.