The Implicit Cost of Time Spent on Shopping

question 37

Multiple Choice

The implicit cost of time spent on shopping:

• A)has decreased because of the growth of single-wage-earner families.
• B)has increased because of the decline in average income levels.
• C)has increased,contributing to the growth of fast-food restaurants.
• D)has decreased,contributing to the growth of convenience stores at gas stations.

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Definitions:

Even Number

An integer that is exactly divisible by 2.

Scores

The quantitative outcomes or measurements that are obtained from tests, assessments, or evaluations.

Two Middle Scores

The median values in a data set, which are the two central numbers in an ordered sequence when the total number of observations is even.

Nominal Level

A measurement level used for categorizing data without a natural order or ranking.