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If a Bank Is Characterized by Economies of Scale,this Means

Question 23

Multiple Choice

If a Bank is characterized by economies of scale,this means that the average cost,per unit,of providing its services


A) increases as the quantity of services provided increases
B) decreases as the quantity of services provided increases
C) increases as the number of banks decrease
D) decreases as the number of banks increase
E) is unrelated to bank size or number

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