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When joint production of different goods is more efifcient than isolated production of a good, we have a phenomenon called 
  1. economies of scale
  2. constant returns
  3. economies of scope
  4. division of labour


Solution

The correct option is C economies of scope
When joint production of different goods is more efifcient than isolated production of a good, we have a phenomenon called economies of scope. It's cheaper for goods to share the same inputs for each to have separate inputs. 

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