The Average Cost of Producing an FI's Output of Financial $\times$

question 40

Multiple Choice

The average cost of producing an FI's output of financial services is measured as follows:

• A) AC = TC - S
• B) AC = TC + S
• C) AC = TC \(\times\) S
• D) AC = TC / S

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Definitions:

Need for Social

The need for social refers to the human necessity for companionship, belonging, and acceptance within a group or community.

Avoid Risk-Taking

A behavioral tendency to steer clear of actions or decisions that could lead to negative outcomes or uncertainties.

Abiding by Rules

The act of following established guidelines, regulations, or laws within a given context or environment.

Divergent Thinking

A cognitive approach or technique designed to produce inventive concepts through the examination of numerous potential answers.