An Example of Economies of Scale in the Provision of Financial

question 78

Multiple Choice

An example of economies of scale in the provision of financial services is

• A) investing in a diversified collection of assets.
• B) providing depositors with a variety of savings certificates.
• C) spreading the cost of borrowed funds over many customers.
• D) spreading the cost of writing a standardized contract over many borrowers.

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Definitions:

Cover Letter

A document sent alongside another, such as a resume or application, providing a personal introduction and context for the enclosed materials.

Résumés

A document presenting an individual's background, skills, and accomplishments, typically used for job applications.

Personal Data

Information related to an identifiable individual, including names, addresses, phone numbers, and any other data that can be tied to a specific person.

Proofread

The process of reading and marking errors in written material to ensure accuracy, clarity, and correctness before it is published or finalized.