Which of the following is an example of a bank realizing economies of scope?
A) The bank develops a standard mortgage loan application to make the process of loaning out mortgages easier.
B) The bank reduces costs of credit checking for the loan process by outsourcing the process to a specialist.
C) By using the information collected from a corporation,the bank can decide how easy it would be to sell bonds issued by the corporation to the public.
D) A bank in a rural area specializes in providing agricultural loans.
Correct Answer:
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