True/False
Economies of scale refers fall in an FI's average costs of production as its output increases.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q56: Operational risk sources can lead to the
Q57: External and internal fraud are both sources
Q59: How can the interest expense of an
Q60: Daylight overdrafts occur when:<br>A)FIs in different time
Q62: To provide retail financial services, FIs need
Q63: Which of the following sources of operational
Q64: Losses on technological innovations and new technology
Q65: To offset costs arising from operational risks,
Q66: Which of the following observations concerning the
Q67: The success in technologically related innovation often