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A shop is open from 9am-7pm. The function graphed below gives the rate at which customers arrive (in people/hour) at time t. Suppose that the salespeople can serve customers at a rate of 80 people per hour.
A. People have to start waiting in line before being served at about _____ o'clock.
B. The number of people in line when the line is the longest is about _____.
Fixed Asset
A long-term tangible piece of property or equipment that a firm owns and uses in its operations to generate income.
Intangible
Assets that lack physical substance but hold value for a firm, such as patents, trademarks, and goodwill.
Commercial Substance
An aspect of transactions indicating that it will result in a significant change in the economic circumstances of the participating entities.
Realized Gain
The profit earned from the sale of an asset, calculated as the difference between the asset's sale price and its original purchase price.
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