The Provision of Services Within the Fast Food Industry Is

question 66

Multiple Choice

The provision of services within the fast food industry is an excellent example of:

• A)service factory
• B)mass service
• C)service shop
• D)professional service
• E)labour intensity

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Definitions:

Specialization And Trade

The economic practice where individuals or entities focus on a narrow area of expertise to increase efficiency and trade with others for different goods or services.

Consume More

The action or tendency of increasing the use or consumption of goods and services.

Goods

Tangible products that satisfy human wants or needs.

Production Possibilities Frontier

A curve that represents the maximum productive capacity of an economy when all resources are fully utilized.