Which of the Following Is an Example of the Economies

question 19

Multiple Choice

Which of the following is an example of the economies of scope argument for increased profits for large financial holding companies?

• A) Financial holding companies offer a wide array of services under one name.
• B) Financial holding companies need only one CEO, one Board of Directors, and one accounting system regardless of size.
• C) Financial holding companies face declining average costs per dollar of deposits.
• D) The profitability of financial holding companies relies on one particular line of business.