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:

Dolly Legs

Trailer landing gear system; consists of gear-cranked, retractable legs reinforced by fixed gusset arms.

Lift Axle

A dead axle that can be raised and lowered using air pressure.

Hinged Trailer Door

a door mechanism on trailers that is attached by hinges, allowing it to swing open and closed for access or loading.

Curtain-Sided

Describes a trailer or truck with flexible sides (curtains) that can be opened for easy loading and unloading, while offering protection during transit.