An Example of a Dependent Demand Item for Services Is

question 71

Multiple Choice

An example of a dependent demand item for services is a(n) :

• A) menu in a restaurant.
• B) jukebox in a club.
• C) operating suite at a hospital.
• D) pilot's checklist for an airline.

---

Definitions:

Recession

A period of significant economic decline spread across the economy lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Variable Costs

Costs that change in proportion to the level of goods or services that a business produces.

Total Cost

The complete amount of money spent or investment made in acquiring an asset, including all associated expenses and fees.

Fixed Costs

Expenses that remain consistent regardless of production or sales volume, including rent, salaries, and insurance premiums.