Which of the Following Is an Example of an Economic

question 37

Multiple Choice

Which of the following is an example of an economic incentive to improve asset utilization?

• A) Fixed costs are relatively easy to cover because not much capital is tied up in service facilities
• B) Incremental costs of extended hours may be covered by increased revenue and decreased crowding
• C) Advertising expenditures can be reduced because of the substantial increases in positive word-of-mouth
• D) Workers are relatively less expensive when they work more hours
• E) The cost to keep lights on and equipment running is not easily recouped by a few extra patrons.

---

Definitions:

Functionalist

In psychology, a perspective that emphasizes the purpose and adaptive functions of mental and behavioral processes.

Psychoanalytic

A method of psychology and therapy developed by Sigmund Freud, focusing on unconscious motives and conflicts.

Existential

Pertaining to existentialism, a philosophy that emphasizes individual freedom, choice, and existence.

Psychology

The systematic exploration of the human psyche and its operations, particularly those influencing actions within a specific situation.