Banks Providing Check Printing and Processing Will Typically Assess Fees

question 91

Short Answer

Banks providing check printing and processing will typically assess fees known as ____________________.

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Definitions:

Labor-Intensive

Describing a process or industry that requires a large amount of labor to produce its goods or services.

Marginal Product

The additional output generated by employing one more unit of a specific input, while holding other inputs constant.

Labor

The effort of humans, including both physical and mental labor, utilized in creating goods and providing services.

Marginal Product

The increase in output resulting from a one-unit increase in the amount of a single input while holding other inputs constant.