Examlex
Interest rate risk is probably greatest at which of the following intermediaries?
Returns To Scale
The change in output resulting from a proportional change in all inputs in the production process; can be increasing, constant, or decreasing.
Increasing Returns To Scale
See Economies of scale.
Economies Of Scale
Exist when average costs fall as output increases.
Diseconomies Of Scale
Exist when average costs rise with output.
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