Why do lines tend to be longer at the bank teller in a poorer neighborhood?
A)Low-income consumers are not willing to pay for shorter line.
B)Low-income consumers would pay for shorter lines if the bank owners ask them to.
C)Poor people have a high opportunity cost for their time.
D)Poor people don't have anything better to do.

Question

Quizplus · Accepted Answer

Low-income consumers are generally more sensitive to costs and may not be willing to pay extra for services like shorter lines, leading to longer wait times.

Why Do Lines Tend to Be Longer at the Bank