The nine-digit number that determines the bank that a check came from is called is called routing number
<h3> what is routing transit number?</h3>
- A routing transit number is a nine-digit number operated to identify a bank or financial institution when earning funds or processing checks.
- The American Bankers Association (ABA) founded routing transit numbers in 1910. These digits are also used in online banking and removing houses for financial transactions.
- At the base of a check, you will see three groups of numbers. The first group is your routing number, the double is your account digit and the third is your check digit
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Answer:
The answer is letter A, factors of production.
Explanation:
In economics, the process of production refers to the combination of material inputs and immaterial inputs (the know-how) in order to produce an output that is required by the market. In order to determine the process, it is important to know the factors of production.
<em>The factors of production are the inputs used in order to produce an output, goods or services. </em>There are mainly four factors of production: land, labor, capital and enterprise.
1. Land - refers to the natural resources available for production.
2. Labor - refers to the human input into the production process.
3. Enterprise- refers to the entrepreneurs who organize factors of production and take risks.
4. Capital- refers to the goods used in the supply of other products.
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Answer:
The correct answer is option D.
Explanation:
External economies of scale can be defined as the situation when the average cost of production is reduced due to growth of industry as a whole. It can also be referred as the external benefit of expansion of the industry.
It is generally associated with a perfectly competitive industry. While internal economies of scale is generally associated with imperfectly competitive markets.
