What are economies of scale
Problem 1: What are economies of scale?
Problem 2: Provide examples of how financial intermediaries are able to exploit economies of scale to reduce transactions costs?
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What is the political and cultural ramifications of the Treaty of Guadalupe Hidalgo? Be specific. Give your thoughts and opinions to the above bullet points.
Problem: What is money? And what makes money different than any other commodity in the economy?
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What are economies of scale? Provide examples of how financial intermediaries are able to exploit economies of scale to reduce transactions costs?
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