Which of the following refers to an FI's ability to generate cost synergies by producing more than one output with the same inputs?

Question

Quizplus · Accepted Answer

Economies of scope refer to an FI's ability to generate cost synergies by producing more than one output with the same inputs. Market intermediation refers to an FI's role in connecting buyers and sellers in financial markets. Break-even point refers to the level of sales at which an FI is able to cover its fixed and variable costs. Economies of scale refer to cost savings that an FI can achieve by increasing the scale of its operations. Business continuity plan refers to a plan that outlines how an FI will continue to operate in the event of a disruption or disaster.

Which of the Following Refers to an FI's Ability to Generate