A decline in the average cost of producing bank services as the size of the bank expands is called A) Cost economies of scope B) Revenue economies of scope C) Cost économies of scale D) Revenue economies of scale E) X efficiencies

A decline in the average cost of producing bank services as the size of the bank expands is called A) Cost economies of scope B) Revenue economies of scope C) Cost économies of scale D) Revenue economies of scale E) X efficiencies

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter10: Financing And Producing Goods

Section: Chapter Questions

Problem 4AA

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Question

A decline in the average cost of producing bank services as the size of the bank expands is
called
A) Cost economies of scope
B) Revenue economies of scope
C) Cost économies of scale
D) Revenue economies of scale
E) X efficiencies

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