The Increase in the Size of Shopping Carts for the Past

question 95

Multiple Choice

The increase in the size of shopping carts for the past three decades is due to:

• A)the increase in the income per capita over time.
• B)the intention of store owners to sell more.
• C)the decrease in the cost of producing the carts.
• D)the increase in the opportunity cost of time.

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Definitions:

Minimum Balance

The least amount of money that a bank requires a customer to have in an account to qualify for specific services or to avoid certain fees.

BAT Model

BAT Model stands for the Behavioral Analysis and Therapy Model, which is typically related to psychology and behavioral sciences, not a common term in finance and hence might be mistaken or the context misidentified.

Cash Outflows

Money that exits a company, typically as a result of operational expenses, investment activities, and financing.

Opportunity Cost

Opportunity cost is the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.