Multiple Choice
Which of the following statements is true?
A) Various studies have shown that economies of scale best explain cost discrepancies between FIs.
B) Various studies have shown that economies of scope best explain cost discrepancies between FIs.
C) Various studies have shown that X-inefficiencies best explain cost discrepancies between FIs.
D) Various studies have shown that Y-inefficiencies best explain cost discrepancies between FIs.
Correct Answer:

Verified
Correct Answer:
Verified
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