When More People Shop During Weekends Instead of Weekdays It

question 181

Multiple Choice

When more people shop during weekends instead of weekdays it is called:

• A) time bunching.
• B) a shock.
• C) intertemporal substitution.
• D) an irreversible investment.

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Definitions:

Implied Duration

Estimated time that represents how long it takes for the price of a fixed-income investment to be repaid by its internal cash flows.

Business Trust

A legal arrangement where assets are managed by trustees for the benefit of the trust's beneficiaries, often used in business for tax and estate planning.

Assets

Resources owned or controlled by a business, individual, or entity which have value and can be used to meet debts, commitments, or legacies.

Profits

The financial gain obtained when the revenue from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.