Which of the Following Is an Example of a Complementary

question 136

Multiple Choice

Which of the following is an example of a complementary service?

• A) Big department stores usually hire extra staff to handle the rush during the holiday season.
• B) The Caesar Park Hotel generally caters to business customers during the week, but has now decided to promote mini-vacation weekends for non-business customers as well.
• C) More paramedics are on hand to assist physicians during times when emergency admissions are highest.
• D) AXA Bank set up automated teller machines so that its customers could avoid standing in line.
• E) Chesterton College hires part-time teachers when enrollment goes up.

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Definitions:

Operating Cost

The total amount of money required to run a business, project, or device, excluding capital expenditures.

External Cost

Costs of a transaction that affect people other than the buyer or seller, which are not reflected in market prices.

Commercial Energy

Energy derived from commercial sources such as fossil fuels, intended primarily for businesses and manufacturing.

Wasted

Refers to resources or materials that are not used efficiently or are discarded without being utilized to their full potential.