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Pricing ATM Machines, Microeconomics
A bank in a medium-sized midwestern city, Firm X, currently charges $1 per transaction at its ATMs. To determine whether to raise price, the bank managers experimented with a number of higher prices (in 25-cent increments) at selected ATMs. The marginal cost of an ATM transaction is $0.50.
ATM Fee Usage
What ATMfee should the bank charge?
Posted Date: 3/26/2013 3:02:15 PM | Location : United States
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