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Pindyck/Rubinfeld, Microeconomics, Eighth Edition Copyright © 2013
Pearson Education, Inc. Publishing as Prentice Hall. occur when joint production is less costly than the sum of the costs of producing each good separately. There is no direct relationship between economies of
scale and economies of scope, so production can exhibit one without the other. For example, there are economies of scale producing computers and economies
of scale producing carpeting, but
if one company produced both, there would likely be no synergies associated with joint production and hence no economies of scope.
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