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1.A multiproduct firm's cost function was recently estimated as: TC = 200 + O.2Q 1 Q 2 + 0.2Q 2 1 + 0 . 1Q

1.A multiproduct firm's cost function was recently estimated as:

TC= 200 + O.2Q1Q2+ 0.2Q21+ 0.1Q22

Where Q1refers to units of product 1 and Q2denotes units of product 1.

Are there economies of scope in producing 10 units of product 1 and 10 units of product 2? Why.

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