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Yongwook Paik Defines Economies of Scope

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  Paik, Y. (Academic). (2016). [Video]. SAGE Knowledge. https://www.doi.org/10.4135/9781473957039
  
  Paik, Yongwook. "Yongwook Paik Defines Economies of Scope." In SAGE Video. London: SAGE Publications Ltd, 2016. Video, 00:01:01. https://www.doi.org/10.4135/9781473957039.
  
  Paik, Y., 2016. Yongwook Paik Defines Economies of Scope, SAGE Video. [Streaming Video] London: SAGE Publications Ltd. Available at: <http://www.doi.org/10.4135/9781473957039> [Accessed 25 Jan 2021].
  
  Paik, Yongwook. Yongwook Paik Defines Economies of Scope. Online video clip. SAGE Video. London: SAGE Publications, Ltd., 28 Jan 2016. doi: https://www.doi.org/10.4135/9781473957039. 25 Jan 2021.
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Summary

Summary

Professor Yongwook Paik explains the economy of scope as having cost advantages as the number of products increases. He demonstrates how manufacturers can control costs and manage a product line efficiently.