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.

Question

Quizplus · Accepted Answer

If the costs of joint production of FI services are higher than they would be if they were produced independently, it indicates the presence of diseconomies of scope. This means that producing multiple products or services together leads to higher costs instead of providing cost savings.

Which of the Following Occurs If the Costs of Joint