Could someone help me check these answers? thanks 26. Economics of scope exist i

Question

Could someone help me check these answers? thanks

26. Economics of scope exist if a. It is cheaper to have only one firm in an industry t is cheaper for one firm to produce two products jointly than for separate firms to produce them separately It is cheaper for two firms to work together to make two products than for one firm to make both by itself It is more expensive to have one firm in an industry c. d. 27. A pollution tax a) Reduces pollution in the least costly way Tends to increase the amount of pollution c. Results in all firms reducing pollution by the same quantity d. I s used more than quantity restrictions by government regulators

Explanation / Answer

Q26
Answer
Option b
The economic scope means a firm can produce two produce at lower cost than two product at different plants

TC(Q1)+TC(Q2)>TC(Q1+Q2)
it is the condition of economies of scope
Q27
Option c
The pollution tax reduces pollution by same quantity
the pollution permits reduce pollutions in the least cost industry.

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