It is easier for banks to achieve minimum efficient scale than for individuals.

Name: It is easier for banks to achieve minimum efficient scale than for individuals.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Banks, due to their larger resource base and ability to spread costs over a wide range of activities and customers, can more easily achieve minimum efficient scale compared to individuals who have limited resources and capacity for diversification.

It Is Easier for Banks to Achieve Minimum Efficient Scale