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With clear examples, distinguish between economy of scale and economy of distance in the transportation of...

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General Management

With clear examples, distinguish between economy ofscale and economy of distance in the transportation of oil and gasproducts.

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Economies of Scope and Economies of Scale Differ Economies of Scope The hypothesis of an economy of scope expresses the normal complete expense of an organizations creation diminishes when there is an expanding assortment of products delivered Economy of scope gives a cost bit of leeway to an organization when it creates a reciprocal scope of items while concentrating on its center capabilities Economy of scope is an effortlessly misjudged idea particularly since it seems to oppose the ideas of specialization and scale economies One basic approach to consider economy of scope is to envision that its less expensive for two items to have a similar    See Answer
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