All of the Following Are Economic Explanations for Why Shopping

question 6

Multiple Choice

All of the following are economic explanations for why shopping carts have gotten bigger over the years.

• A) more women in the marketplace have made spending time in the grocery store more costly.
• B) grocery stores now have a wider variety of items available.
• C) store owners are "tricking" customers in into buying more groceries by making them feel ashamed that their carts are not full.
• D) shoppers have become wealthier over the years and are willing to pay for the luxury of wide aisles and the big carts that go along with wider aisles.

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Definitions:

Drones

UAVs are aircraft systems that can be operated from a distance or navigate independently using flight plans programmed into their onboard software.

Average Variable Costs

The total variable costs of production divided by the quantity of output produced, representing the per-unit variable cost of production.

Drones

Unmanned aerial vehicles (UAVs) that are used for various purposes, including surveillance, delivery, or recreation.

TFC

Total Fixed Costs, referring to the sum of all costs that remain constant regardless of the level of output or production.