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In the Text,we Showed That the Multiproduct Cost Function C(Q1,Q2)=f+aQ1Q2+(Q1)2+(Q2)2C \left( Q _ { 1 } , Q _ { 2 } \right) = f + a Q _ { 1 } Q _ { 2 } + \left( Q _ { 1 } \right) ^ { 2 } + \left( Q _ { 2 } \right) ^ { 2 }

question 133

Essay

In the text,we showed that the multiproduct cost function C(Q1,Q2)=f+aQ1Q2+(Q1)2+(Q2)2C \left( Q _ { 1 } , Q _ { 2 } \right) = f + a Q _ { 1 } Q _ { 2 } + \left( Q _ { 1 } \right) ^ { 2 } + \left( Q _ { 2 } \right) ^ { 2 } exhibits cost complementarity whenever a<0a < 0 and economies of scope whenever faQ1Q2>0f - a Q _ { 1 } Q _ { 2 } > 0 .
a.Can cost complementarity exist without economies of scope?
b.Can there be economies of scope when cost complementarities exist?

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Apparent authority refers to a situation where a person appears to have the agent's authority to act on behalf of another (the principal) due to the principal's actions, leading third parties to believe in the existence of such authority.

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