Question
The argument that interstate banking would allow banks to grow and more fully achieve a reduction in operating costs per unit of output as output
The argument that interstate banking would allow banks to grow and more fully achieve a reduction in operating costs per unit of output as output increases is based on:
a. economies of scale.
b. financial leverage.
c. diseconomies of scale
d. capital adequacy theory.
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
