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You have the following information about an S&L and mortgage company Expenses ($M) Assets ($M) Pre-Merger Post-Merger S&L 375 40 30 Mortgage Co. 25 10

You have the following information about an S&L and mortgage company
Expenses ($M)
Assets ($M) Pre-Merger Post-Merger
S&L 375 40 30
Mortgage Co. 25 10 7
Are there economies of scale or scope present in the merger?

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