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Yongwook Paik Defines Economies of Scope

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  Paik, Y. (Academic). (2016). [Streaming video]. Retrieved from SAGE Video.
  
  Paik, Yongwook. "Yongwook Paik Defines Economies of Scope." SAGE Video video, 00:01:01. 2016. http://sk.sagepub.com/video/yongwook-paik-defines-economies-of-scope.
  
  Yongwook Paik Defines Economies of Scope 2016, online video, SAGE Publications Ltd, London, viewed 21 September 2020, <http://sk.sagepub.com/video/yongwook-paik-defines-economies-of-scope>.
  
  Paik, Yongwook. "Yongwook Paik Defines Economies of Scope." Online video clip. SAGE Video. SAGE Publications Ltd, 28 Jan. 2016. Web. 21 Sep. 2020.
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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.