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20 June, 22:40

The question "Should bank withdrawals be conducted by tellers or ATMs?" is an example of which fundamental economic question?

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  1. 20 June, 22:47
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    The how to produce question

    Explanation:

    When making a choice of how to produce goods and services, there are two considerations. Will method of production be labor based or capital intensive?

    For labor based production it makes use of more labor and less capital of machinery. This is exemplified by the teller making payments.

    Capital intensive means of production uses more of capital means or machinery, for example where ATM machines are used to pay money.
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