<h2>Hello! </h2>
<h3>The impact of ATM on the banking sector is:</h3>
- Automated Teller Machines can offer significant benefits to both the banks and their depositors. The machine can enable depositors to withdraw cash at more convenient times and places other than banking hours.
- ATM reduces the number of human deployment by banks thereby reducing cost of operations.
<h2>Hope it was helpful </h2>
<h2>Please mark me as a brain list </h2>
The answer would be self-discipline
The definition of self-discipline: <span>the ability to control one's feelings and overcome one's weaknesses; the ability to pursue what one thinks is right despite temptations to abandon it.</span>
Answer:
Increase its additional paid-in capital by $16,000.
Explanation:
$80,000 less $64,000 (1/3 * $192,000)
= $16,000
Answer: a) More information needed
b) Produce in short run
(c) Produce in short run
(d) Shut down in short run
Explanation:
a) More information needed
In the short run if TC exceeds TR then the firm is incurring a loss. However if TR is still greater than AVC then the company will not shut down as the condition for shutting down has not been met which is that Price should be less than Average Variable Costs and this information is not known.
(b) Produce in short run
In a Perfect Competition, price is the same as Marginal Revenue which means that if MR is greater than MC then Price is greater than MC as well. This means that the Average Variable cost is less than Price as well so they will keep producing as opposed to shutting down.
(c) Produce in short run
If the Price exceeds the Average Total cost at all output levels then that means that profit is being made. The firm will therefore keep producing in the Short run.
(d) Shut down in short run
If Variable costs are more than the Price then the firm is unable to fund operations as they can't even cover variable costs. This will mean that they would have to shut down in the Short run.
If you need any clarification do comment. Cheers.