A decline in the average cost of producing bank services as the size of the bank expands is called A) Cost economies of scope B) Revenue economies of scope C) Cost économies of scale D) Revenue economies of scale E) X efficiencies
A decline in the average cost of producing bank services as the size of the bank expands is called A) Cost economies of scope B) Revenue economies of scope C) Cost économies of scale D) Revenue economies of scale E) X efficiencies
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter10: Financing And Producing Goods
Section: Chapter Questions
Problem 4AA
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![A decline in the average cost of producing bank services as the size of the bank expands is
called
A) Cost economies of scope
B) Revenue economies of scope
C) Cost économies of scale
D) Revenue economies of scale
E) X efficiencies](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F37d246d6-72a1-46e9-aa22-c6520ba9fe51%2F3d3ce1a7-e57e-41d7-9fec-3a3f9d7de493%2Fhwt9dz_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A decline in the average cost of producing bank services as the size of the bank expands is
called
A) Cost economies of scope
B) Revenue economies of scope
C) Cost économies of scale
D) Revenue economies of scale
E) X efficiencies
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