A Single-Server Food Cart Competes with Several Nearby Food Carts

Multiple Choice

A single-server food cart competes with several nearby food carts and experiences arrival of customers during an 8-hour period as shown: Customers would probably exhibit a high incidence of ________ during the 11 A.m.-1 p.m. and 4 p.m.-5 p.m. periods; to avoid this opportunity cost, the cart owner should __________

A) balking; offer "2 for 1" specials during slow periods.

B) reneging; expand the menu.
C) jockeying; offer price discounts between 2 p.m. and 4 p.m.
D) balking; add another server during peak periods.