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Suppose First City Bank determines that it must lower its average cost of providing banking services in the long run to become profitable. If the
Suppose First City Bank determines that it must lower its average cost of providing banking services in the long run to become profitable. If the bank experiences economies of scale, what could it do? Part 2 With economies of scale, First City Bank Part 3 A. could lower its longrun average costs by providing more services. B. cannot lower its longrun average costs by providing a different level of services. C. could lower its longrun average costs by providing more or fewer services. D. could lower its longrun average costs by providing fewer services. E. could lower its longrun average costs by providing the same quantity of services
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