question archive Jim stops at his local Tim Horton's every morning between 7:00 and 8:00 to get a coffee on his way to work
Jim stops at his local Tim Horton's every morning between 7:00 and 8:00 to get a coffee on his way to work
Subject:AccountingPrice: Bought3
Jim stops at his local Tim Horton's every morning between 7:00 and 8:00 to get a coffee on his way to work. He observes that there are, on average, 5 people waiting in line. He also notes that he spends an average of 6 minutes in the coffee shop. If the typical customer spends $8, estimate Tim Horton's revenue on a weekday morning between 7:00 and 8:00 AM.
A. $300
B. $360
C. $480
D. $400
E. $500
