Examples of Economies of Scale Are

question 84

Multiple Choice

Examples of economies of scale are:

• A)The additional fees financial intermediaries charge on small accounts
• B)The decrease in overall transaction costs that occur as volume increases
• C)The reduction in the cost per transaction that occurs as the number of transactions increase
• D)The decrease in overall information costs that occurs as more transactions are handled

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Definitions:

Social Audit

A formal review of a company's endeavors, structures, and procedures to evaluate its impact on social, ethical, and environmental issues.

Social Issues

Problems that affect many individuals within a society, relating to matters such as inequality, poverty, and environmental degradation.

Philanthropy

The act of donating money, goods, services, or time to support a charitable cause or contribute to the welfare of others.