Which of the Following Interpretations Are Consistent with Scenario B

question 128

Multiple Choice

Which of the following interpretations are consistent with Scenario B?

• A)People who spend more time shopping buy more if they are old than if they are young.
• B)When there is a long time to shop, young shoppers outspend old shoppers; but if there is only a short time to shop, age makes no difference.
• C)When older people shop quickly, they know what they want and spend a lot; when they shop slowly, they usually do not spend as much.
• D)Older shoppers enjoy browsing (which means taking a long time)and when they take a long time, they end up purchasing a lot more than young shoppers.

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Definitions:

Direct Deposit

Payroll or other types of checks that are directly and electronically deposited into a bank account.

Gross Pay

The total amount of an employee's earnings before any deductions are made, such as taxes and retirement contributions.

Biweekly Paycheck

A payroll schedule where employees receive wages every two weeks, resulting in 26 paychecks per year.

Checking Account

An account at a bank that allows a customer to deposit money and make withdrawals from the funds on deposit using a paper check or electronic transfer.