Author Question: The U.S. banks have grown primarily through: a. America's longstanding preference for big banks. ... (Read 111 times)

WWatsford · **on:** Jun 30, 2018

The U.S. banks have grown primarily through:
a. America's longstanding preference for big banks.
b. surviving banks buying up bankrupt banks.
c. excellent customer service.
d. mergers and acquisitions.
e. deposit insurance policy.

Question 2

Which of the following is an advantage of clustering?
a. New entrants can charge higher prices for products as compared to existing firms.
b. New entrants can have lower cost of gathering regional information about trends in the market.
c. New entrants can benefit from favorable terms of trade.
d. New entrants can engage in non-price competition with other firms in the industry.
e. New entrants can charge low prices for their products.