Prices in Vending Machines Tend to Be Higher Because

question 236

Multiple Choice

Prices in vending machines tend to be higher because

• A) machines are placed in low-demand traffic areas.
• B) maintenance, operating, and leasing costs are high.
• C) only small unit volume items are sold.
• D) customary pricing requires certain coin and currency amounts regardless of the normal retailer markup.
• E) few people buy from vending machines.

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Definitions:

Human Capabilities

The range of things that individuals can do or be in life, encompassing health, education, and the ability to achieve goals.

Postmodern Culture

A cultural state characterized by a rejection of objective truth and global cultural narratives, instead embracing relativism and the fragmentation of knowledge and identities.

Cultural Capital

Social assets not related to finances that enhance social advancement apart from monetary resources, including factors like education, intelligence, manner of speaking, and manner of dress.

Folkways

Norms for routine or casual interaction that guide everyday behaviors in a society.