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Norma-Jean [14]
1 year ago
9

Intermediaries add costs to products, but they also add such as convenience and assortment. t or f

Business
1 answer:
svlad2 [7]1 year ago
6 0

True, intermediaries add costs to products, but they also add such as convenience and assortment.

<h3>What are financial intermediaries ?</h3>

In every financial transaction, financial intermediaries operate as a middleman between two parties. A good illustration would be a bank, which performs a variety of functions, including acting as a go-between for lenders and borrowers and gathering cash for investments.

Banks and other financial intermediaries make it possible for capital to pass hands in a particular transaction. Typically, both the customer and the business pay a price for this. Physical storage and shipment require a lot of resources and time, adding to the transaction's expenses.

Hence, True is an appropriate response.

To learn more about financial intermediaries

brainly.com/question/1537763

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