As the cost of operating ATM machines falls, the demand for bank tellers will decline.

Name: As the cost of operating ATM machines falls, the demand for bank tellers will decline.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true as the cost of operating ATM machines is likely to be lower than the cost of employing bank tellers, hence reducing the demand for bank tellers. This trend has already been observed in the banking industry.

As the Cost of Operating ATM Machines Falls, the Demand