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Reduction in average costs that results from producing two or more products jointly instead of producing them separately are called______

1) cost advantages

2) economics of scope

3) Synergistic integrations.

4) strategic values

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The correct option is option (2) i.e. r eduction in average costs... View the full answer

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After working on your question, I... View the full answer

2) economics of scope This is an advantage that basically result... View the full answer

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