Utilization in Services Is Usually High Because of Variability in Customer

question 39

True/False

Utilization in services is usually high because of variability in customer arrivals.

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Definitions:

Appreciate

To increase in value or price over time, often used in the context of currencies, assets, or investments.

Floating Exchange Rates

A currency valuation system in which exchange rates are determined by the free market forces of supply and demand without direct intervention by national governments.

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy.

Brazilian Real

The official currency of Brazil, symbolized as R$ and denoted by the ISO code BRL.