Business Essentials (12th Edition) (What's New in Intro to Business)
Business Essentials (12th Edition) (What's New in Intro to Business)
12th Edition
ISBN: 9780134728391
Author: Ronald J. Ebert, Ricky W. Griffin
Publisher: PEARSON
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Chapter 16, Problem 16.21EE
Summary Introduction

Case summary:

Most of the banks are not charging a fee when customers make deposits or withdrawals. The bank charges $3 ATM fee for non-customers for the purpose of maintaining the ATM. However, the officers are re-examining the ATM charges, as there are protests going on against these charges in some other states. Even though courts stated that ATM charges are legal, Public Interest Research Group of Country U continue to fight against the ATM charges.

To determine: The economic justification for ATM access fees from the standpoint of the bank.

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