Which of the following occurs if the costs of joint production of FI services are higher than they would be if they were produced independently?
A)Economies of scale.
B)Diseconomies of scale.
C)Economies of scope.
D)Diseconomies of scope.
E)Constant returns to scale.

Question

Quizplus · Accepted Answer

When the costs of joint production of FI services are higher than they would be if they were produced independently, it is known as diseconomies of scope.

Which of the Following Occurs If the Costs of Joint