Question content area

Part $1$

How can economies of scale help explain the existence of financial intermediariesLOADING...$?$

Part $2$

A$.$

Financial intermediaries are able to operate with lower transaction costs relative to individual lenders or borrowers.

B$.$

Financial intermediaries are relatively large institutions.

C$.$

Financial intermediaries with their vault technology can specialize in keeping deposits safe.

D$.$

Financial intermediaries have exclusive access to communications technology in the financial sector.