Multi-product firm

Updated: Aug 20, 2021

A firm which produces more than one product. Though the standard economic analysis normally considers the single­product firm, it is not difficult to generalize it to the multi-product case. Empirically, of course, the multi-product firm is in the overwhelming majority.

Reference: The Penguin Dictionary of Economics, 3rd edt.

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James Knight
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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.