Wednesday
March 22, 2017

Post a New Question

Posted by on Friday, October 16, 2009 at 1:05pm.

A computer company produces hardware and software using the same facility. (i.e., with the same L and K). The total cost of producing software (S) and hardware (H) equals:
TC = a S + b H - d S H,
where a, b, and d are positive constants. Are there economies of scope in the production of H and S? Explain why or why not.

  • Economics - , Friday, October 16, 2009 at 1:43pm

    see my earlier posts to this very question.

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question