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Economies of scope a. Argue for complementary financial products to be offered by banking organizations b....

Economies of scope

a. Argue for complementary financial products to be offered by banking organizations

b. Are achieved through universal banks in some countries

c. Are achieved, in part, through holding companies in the United States

d. All of the abov
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Answer #1

Option d.all of the above  because. Economies of Scope state that when multiple products are launched then savings is more then when only one product is produced.
Complementary financial products increase the services and offering of banks but they cause economies of scope.
Universal banks provide variety of banking services in countries which help in attaining economies of scale.
Economies of scale is observed in medium or large holding financial firm.

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