Suppose the Cost of Producing Two Goods,x and Y,can Be

question 53

Multiple Choice

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

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