Economies of Scope is an economy brought about by the business scope rather than scale of manufacturers. It is an economic phenomenon that the cost of producing two products at the same time is lower than that of producing the second product respectively.
According to the above definition, which of the followings belongs to Economies of Scope?
A brewery acquired a small brewery with operating losses. After the expansion of the production line, the raw material procurement cost was reduced, and the beer production efficiency of the two plants was improved