Which of the following is a suitable description of the term 'economies of scale'?
A) the use of several inputs to produce one common output
B) the ability to generate cost savings by producing more than one output with the same inputs
C) the ability to lower average operating costs by expanding its output of financial services
D) the ability to lower average operating costs by lowering its output of financial services
Correct Answer:
Verified
Q14: Non-performing loans are defined as loans that:
A)are
Q15: What are the major objectives of technological
Q16: An example of refinancing risk is a
Q17: Which of the following are typical off-balance-sheet
Q18: An increase in interest rates means that
Q20: If an FI is long-funded it means
Q21: Unanticipated diseconomies of scale and scope are
Q22: The collapse of the US bank IndyMac
Q24: Sovereign risk refers to the risk that
Q96: The risk that interest income will increase
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents