Solved

It Usually Takes Less Time to Buy a Six-Pack of 7-Up,a

Question 10

Multiple Choice

It usually takes less time to buy a six-pack of 7-Up,a loaf of bread,and a half-gallon of ice cream at a small convenience store (such as a 7-Eleven) than at a large,full-service grocery store.Which of the following persons is most likely to buy these items at a convenience store?


A) a person with high opportunity cost of time
B) a person with low opportunity cost of time
C) a person who is out of work
D) There is not enough information to answer the question.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents