Why Do Lines Tend to Be Longer at the Bank

question 48

Multiple Choice

Why do lines tend to be longer at the bank teller in a poorer neighborhood?

• A)Low-income consumers are not willing to pay for shorter line.
• B)Low-income consumers would pay for shorter lines if the bank owners ask them to.
• C)Poor people have a high opportunity cost for their time.
• D)Poor people don't have anything better to do.

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Definitions:

Preservatives

Substances added to food or organic material to prevent decomposition by microbial growth or by undesirable chemical changes.

Transitional Expression

Words or phrases that provide a connection between ideas, sentences, and paragraphs, helping to guide the reader through the text.

Prepackaged Foods

Foods that are commercially prepared and packaged, requiring minimal preparation by the consumer before consumption.

Convenience Foods

Prepackaged or ready-made food products designed for quick preparation and ease of consumption.