What Is the Relationship Between the Amount of Time Spent

question 5

Multiple Choice

What is the relationship between the amount of time spent shopping, Short (under 15 minutes) or Long (over 15 minutes) , and the age of the shopper, Young (under 22) or Old (over 22) , and the amount of money spent by shoppers in a music store.
-Which interpretation is consistent with Scenario A?

• A)More money is spent when people shop for a long time as compared with a short time.
• B)Younger buyers spend more money in general than older buyers.
• C)Less money is spent when people shop for a long time as compared with a short time.
• D)Older buyers spend more money in general than younger buyers.

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Definitions:

Related Expense

Costs that are directly connected to or a result of a specific business activity or operation.

Subsidiary Contract

An agreement or contract involving a company that is controlled by another parent company.

Initial Value Method

An accounting practice for investment recording wherein the investment is kept at its original cost on the balance sheet without adjusting for changes in net income of the investee.

Dividends

Earnings disbursed by a company to its shareholders, generally as a sharing of profits.