According to the Text,a Possible Explanation for Why People Far

question 54

Multiple Choice

According to the text,a possible explanation for why people far from home leave tips for waiters is that

• A)it makes them feel less homesick.
• B)they expect to be treated better from those waiters in the future.
• C)they know waiters are in need of money.
• D)it makes them feel good about themselves.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a market.

Cost Conditions

The specific factors affecting the cost of production or service delivery, including material costs, labor expenses, and overheads.

Output

The total amount of goods or services produced by a company, industry, or economy.

Increasing Cost Industry

An industry in which production costs rise as output increases, often due to factors like limited resources or higher prices for inputs.