According to the textbook,high-volume transactions are required to make efficient use of automation and other technological innovations.

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High-volume transactions require automation and other technological innovations to achieve efficiency gains. This is because manual processing of large volumes of transactions can be time-consuming and error-prone, leading to increased costs and reduced accuracy. Automation and other technological innovations can help to streamline these processes and improve efficiency, but typically require a certain volume of transactions to be cost-effective.

According to the Textbook,high-Volume Transactions Are Required to Make Efficient