Economies of Scope Love Machine 15 years ago Economies of ScopeA situation in an economy wherein one investment is able to support several profitable activities at a lower cost when they are grouped together than when undertaken singly.Recommended for you:Economies of ScaleUnderstanding Economies of Scale: Liquidity CostsUnderstanding Economies of Scale: Brokerage CommissionsUnderstanding Economies of Scale: Bid and Ask Spreads
