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    Financial Institutions Management Study Set 2
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    Exam 4: Risks of Financial Institutions
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    Economies of Scope Imply an FI's Ability to Lower Its
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Economies of Scope Imply an FI's Ability to Lower Its

Question 72

Question 72

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Economies of scope imply an FI's ability to lower its average cost by expanding its output of financial services.

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