How Is the Economic Perspective Reflected in Lines for Fast

question 27

Multiple Choice

How is the economic perspective reflected in lines for fast food?

• A) Customers select the shortest line because they have perfect information.
• B) Customers select the shortest line because they believe it will reduce their time cost of obtaining food.
• C) Lines will typically be of unequal length because of the inefficiencies in counter service.
• D) The set of food choices is often too complex for customers and thus creates long lines.

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Definitions:

Submarine Warfare

A mode of naval warfare in which submarines utilize stealth and underwater capabilities to attack and disrupt enemy vessels and shipping.

Passenger Vessels

Ships or boats that carry people from one place to another, over bodies of water, offering services ranging from basic transport to luxury cruises.

Economic Power

the ability of a country, corporation, or individual to influence or control economic activities, outcomes, or policies through wealth, production, or other economic resources.