Which of the following occurs if the costs of joint production of FI services are higher than they would be if they were produced independently?
A)economies of scale
B)diseconomies of scale
C)economies of scope
D)diseconomies of scope

Question

Quizplus · Accepted Answer

When the costs of joint production of FI services are higher than they would be if they were produced independently, it leads to diseconomies of scope. This means that producing multiple products or services together leads to increased costs instead of the expected cost savings or economies of scope.

Which of the Following Occurs If the Costs of Joint