Question

In: Finance

42. In recent years, financial institutions have consolidated to capitalize on economies of scale and on...

42. In recent years, financial institutions have consolidated to capitalize on economies of scale and on economies of scope.

  1. true
  2. false

Solutions

Expert Solution

Ans: True- In the recent years , financial institutions have consolidated to capitalize on economies of scale and on economies of scope. This helps them to reduce the cost of capital


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