When more people shop during weekends instead of weekdays it is called:
A) time bunching.
B) a shock.
C) intertemporal substitution.
D) an irreversible investment.

Question

Quizplus · Accepted Answer

Time bunching refers to the phenomenon where people coordinate their activities to occur at the same time, resulting in peak demand during certain times or days. In this case, more people shopping during weekends is an example of time bunching.

When More People Shop During Weekends Instead of Weekdays It