For Those People Who Think They Need Some Sort of Psychological

question 72

Short Answer

For those people who think they need some sort of psychological counseling but don't feel they have the time, the Internet offers HYPERLINK "http://sedoparking.com/search/registrar.php?domain=hear2listen.com&registrar=sedopark" www.hear2listen.com, which allows users to communicate with a licensed therapist at a cost of $1 per minute. Due to a(n) _____, the web site's owners know most of their business comes in the evenings and on weekends, so they have hired therapists to work for the Internet service at these times.
A. Random demand fluctuation
B. Relative demand shift
C. Predictable demand cycle
D. Vertical demand configuration
E. Organized demand pattern

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Definitions:

Economic Profits

The difference between a firm's total revenue and its total costs, including both explicit and implicit costs, measuring the excess over the opportunity cost of capital.

Free Entry

A market condition where firms can freely enter or exit the market without facing significant barriers to entry or exit.

Rent-a-Wreck Industry

The business sector that specializes in renting out older, often pre-owned vehicles at reduced rates compared to standard rental services.

Economic Profits

The difference between total revenues and total costs, including both explicit and implicit costs.