Question
SWIFT code consists of ________ digits.
Solution
Swift Code  is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also used the codes for exchanging other messages between them. The Swift code consists of 8 or 11 characters. Â
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In which of the following models, price  is driven down to marginal cost?