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Questions and Answers
What forms when capacity exceeds demand and guests are willing to wait?
What forms when capacity exceeds demand and guests are willing to wait?
- Popularity
- Demand
- Loyalty
- Queues (correct)
Which of the following is the correct term for when capacity exceeds demand and guests are willing to wait?
Which of the following is the correct term for when capacity exceeds demand and guests are willing to wait?
- Excess supply
- Rationing
- Queues (correct)
- Scarcity
What happens when demand exceeds capacity and guests are willing to wait?
What happens when demand exceeds capacity and guests are willing to wait?
- Loyalty increases
- Prices rise
- Popularity decreases
- Queues form (correct)
Which of the following is a consequence of capacity exceeding demand and guests being willing to wait?
Which of the following is a consequence of capacity exceeding demand and guests being willing to wait?
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What is the term used to describe the situation where capacity exceeds demand and guests are willing to wait?
What is the term used to describe the situation where capacity exceeds demand and guests are willing to wait?
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