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Exhibit 5-1
the Following Questions Are Based on the Below

question 39

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Exhibit 5-1
The following questions are based on the below cafeteria flowchart and the information provided in the table. Customers start at counter A and move to Counter B. Customers then choose one of two counter Cs and then move on toward Counter D. Customers then choose one of two counter Es and then move on toward Counter E.
 Exhibit 5-1 The following questions are based on the below cafeteria flowchart and the information provided in the table. Customers start at counter A and move to Counter B. Customers then choose one of two counter Cs and then move on toward Counter D. Customers then choose one of two counter Es and then move on toward Counter E.     \begin{array}{c}  \begin{array} { c c c }  &\text { INFORMATION TABLE }\\ \text { Counter(s)  } & \text { Activity Time } & \text { Wage per Person per Hour } \\ \text { A } & 10 \text { secs. } & \$ 6 \\ \text { B } & 30 \text { secs. } & 7 \\ \text { C } & 60 \text { secs. } & 7 \\ \text { D } & 40 \text { secs. } & 7 \\ \text { E } & 30 \text { secs. } & 7 \\ \text { F } & 20 \text { secs. } & 8 \end{array} \end{array}  -Refer to Exhibit 5-1.Where is the bottleneck located in this example? A) Counter A B) Counter B C) Counter C D) Counter D E) Counter E
 INFORMATION TABLE  Counter(s)   Activity Time  Wage per Person per Hour  A 10 secs. $6 B 30 secs. 7 C 60 secs. 7 D 40 secs. 7 E 30 secs. 7 F 20 secs. 8\begin{array}{c}\begin{array} { c c c } &\text { INFORMATION TABLE }\\\text { Counter(s) } & \text { Activity Time } & \text { Wage per Person per Hour } \\\text { A } & 10 \text { secs. } & \$ 6 \\\text { B } & 30 \text { secs. } & 7 \\\text { C } & 60 \text { secs. } & 7 \\\text { D } & 40 \text { secs. } & 7 \\\text { E } & 30 \text { secs. } & 7 \\\text { F } & 20 \text { secs. } & 8\end{array}\end{array}
-Refer to Exhibit 5-1.Where is the bottleneck located in this example?


Definitions:

Real GDP

The measure of a country's economic output adjusted for price changes, such as inflation or deflation, giving a more accurate reflection of the economy's size and how it's growing over time.

Business Cycles

Fluctuations in economic activity characterized by periods of expansion (growth) and contraction (recession) in an economy.

Upward Trend

A pattern or movement in data points that shows an increase over a period of time, often used in economic, financial, and market analyses.

Classical Analysis

An economic theory that focuses on free markets, growth, and the economy's self-regulating nature, emphasizing the importance of limited government intervention.

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