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Home Q & A Board Other Fields Homework Help Business Economics
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valputin valputin
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8 years ago
When financial institutions are able to reduce the costs of information for each service they offer by applying the same information source to each service, we say that the financial institution is realizing
A) diminishing marginal returns.
B) economies of scale.
C) economies of scope.
D) increasing returns.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
#3
8 years ago
@valputin,

Happy to help Slight Smile
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