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Special Exercises
Applebee's has a bar and sit down restaurant.
Match the following statements with the letter of the job characteristic that is described by that statement for Applebee's.You may use a response once,more than once,or not at all.
-Customers are seated at the bar or table/booth section.
Demand Increase
A situation where there is a higher quantity of a good or service desired at each price level, often depicted as a rightward shift of the demand curve.
Price Of Inputs
The cost associated with acquiring the raw materials or factors used in the production of goods and services.
Number Of Consumers
The total count of individuals or entities that purchase or are potential purchasers of goods and services in a given market.
Surplus
The situation that occurs when the quantity supplied of a good exceeds the quantity demanded at a given price.
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