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Marina86 [1]
3 years ago
6

A financial institution can achieve cost savings in its credit card operations if it increases the number of cardholders. This i

s an example of economies of
Business
1 answer:
vitfil [10]3 years ago
8 0

Answer:

Economies of scope

Explanation:

Economies of scope is a benefit that a company has by producing a a wide range of products or services which reduces the unit cost. In this case of a financial institution, offering more credit cards to a large number of people will help them achieve their desired cost savings. Economies of scope is achieved when it provides a business with ways to generate operational efficiencies.

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What type of loan is most common when buying a house?
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Fixed-rate

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1 year ago
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Answer:

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This is the answer but the same is not provided in the given options

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