Economies of scale are evident in:
A) credit card lending
B) farm lending
C) wholesale banking
D) universal banking

Name: Economies of scale are evident in: A) credit card lending B) farm lending C) wholesale banking D) universal banking
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Economies of scale are evident in credit card lending due to the high fixed costs and low marginal costs associated with processing transactions, allowing larger institutions to spread costs over a larger volume of transactions.

Economies of Scale Are Evident In