Examlex
The City of Windsor Department of Parks and Recreation is planning to build a recreation centre in one of the city's parks.They conducted a poll to find out which of five types of physical activities the local population would be interested in.The poll was based on telephone responses from 1013 randomly selected adults.The table shows the percentages of people who expressed interest in various activities. Which of the following displays is/are appropriate to describe the data for these five activities? (More than one display may be appropriate.)
I
II
III
Consumption Time
The duration or period during which a consumer utilizes or enjoys a product or service.
Opportunity Cost of Time
The cost associated with forgoing the next best alternative when one chooses to spend time on a specific activity.
Consumption Time
The period during which consumers use or enjoy a good or service.
Theory of Consumer Behavior
A framework that examines how consumers make decisions to allocate their resources on consumption-related items.
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