Andrea Arena is the owner of 2 Places at 1 Time,a concierge company.She and her staff of 60 perform everyday services such as walking the dog,picking up cleaning,waiting for the repairman,and going to the post office for people who are too busy to perform these simple acts themselves.She has often been hired by major corporations to perform services for their harried executives.In 1999,she had 108 employees,but economic momentum has slowed,and many of her major clients have sliced their budgets and eliminated perks like her service.At the point in time when Arena had more employees than she had need of,2 Places at 1 Time was experiencing:

Question

Quizplus · Accepted Answer

When Arena had more employees than she had a need for, it means that the company's production capacity was idle. This indicates a situation of excess capacity, which is typical of a slowdown in business activity. Therefore, option B (idle production capacity) is the most appropriate choice. Options A, C, and D do not reflect the scenario described in the passage. Off-peak pricing is a method used to stimulate demand during low periods, static demand implies a consistent level of demand without any fluctuations, and capacity management is the process of efficiently using available resources to meet demand.

Andrea Arena Is the Owner of 2 Places at 1