If a Bank Is Characterized by Economies of Scale,this Means

question 23

Multiple Choice

If a Bank is characterized by economies of scale,this means that the average cost,per unit,of providing its services

• A) increases as the quantity of services provided increases
• B) decreases as the quantity of services provided increases
• C) increases as the number of banks decrease
• D) decreases as the number of banks increase
• E) is unrelated to bank size or number

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