What Is the Average Time That a Customer Would Have

question 5

Multiple Choice

What is the average time that a customer would have to wait in line before being served?

• A) 4.3 minutes
• B) 8.3 minutes
• C) 2.7 minutes
• D) 6.7 minutes
• E) None, the customer would be served immediately.

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Definitions:

Horizontal Axis

In a graph or chart, the x-axis, which typically represents the independent variable or scale of measurement.

Budget Line

A graphical representation of all possible combinations of two goods that can be purchased with a given budget at set prices.

Price Of Scone

The amount of money charged for a single scone, determined by factors like production costs, demand, and supply.

Rises

Rises refers to an increase or upward movement in quantity, value, or level of a given entity or phenomena.