Which of the Following Is Least Likely to Be Considered

question 61

Multiple Choice

Which of the following is least likely to be considered an infinite customer population?

• A) customers in an amusement park
• B) a class of 500 students who might visit their professor during office hours
• C) a class of 10 students who might visit their professor during office hours
• D) customers in a grocery store
• E) cars taking Exit 76 off of a freeway during rush hour

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Definitions:

Acre

A unit of land area used primarily in the Imperial and US customary systems, equal to 43,560 square feet or about 4047 square meters.

Opportunity Cost

The worth of the second-best option that is given up as a consequence of deciding on a course of action.

Production Possibility Frontiers

A curve depicting all maximum output possibilities for two goods, given a set of inputs.

Rice

A staple food grain consumed widely around the world, particularly in Asia, known for its versatility and ability in sustaining large populations.