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Which of the following formulas is incorrect?
Diseconomies Of Scope
A situation where the cost of producing multiple products or services together is higher than producing them separately.
Economies Of Scope
Cost advantages that enterprises obtain due to a broader scope of operations or increased production diversity.
Economies Of Scope
Cost advantages that a business experiences by producing a variety of products rather than specializing in a single product or service.
Economies Of Scope
Cost advantages that a business obtains through a variety of products rather than specializing in a single product.
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