An Automatic Teller Machine (ATM) Is an Example Of

question 10

Multiple Choice

An automatic teller machine (ATM) is an example of:

• A)production-lining.
• B)isolating the technical core.
• C)decoupling.
• D)creating flexible capacity.
• E)moving the time of demand.

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Definitions:

Consumer Incomes

The total amount of income received by consumers, influencing their purchasing power and demand for goods and services.

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, contrasting with normal goods.

Substitute

A good or service that can be used in place of another good or service, often due to similarities in features or functions.

Expensive

Describing an item or service that has a high cost or price relative to its perceived value or compared to other options.