16-67 According to studies,which of the following may better explain cost differences and operating cost efficiencies among FIs?
A)Diseconomies of scale.
B)Economies of scale.
C)Economies of scope.
D)X-inefficiencies.
E)Diseconomies of scope.

Question

Quizplus · Accepted Answer

X-inefficiencies are deviations from the efficient production frontier that may result from managerial inefficiencies, poor resource allocation, or other factors that lead to higher costs or lower output than would be possible with more efficient operations.

16-67 According to Studies,which of the Following May Better Explain