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kolbaska11 [484]
3 years ago
8

A local restaurant offers an "all you can eat" Sunday brunch for $12. Jenica eats two servings but leaves half of a third helpin

g uneaten. Why?
A. Her marginal value of brunch has fallen below $12.
B. Her marginal value of additional food has fallen below $4 ($12 divided by 3 servings).
C. Her marginal value of an additional bite of food has fallen to zero.
D. The total value she places on brunch today exactly equals $12.
Business
1 answer:
pshichka [43]3 years ago
4 0

Answer:

C. Her marginal value of an additional bite of food has fallen to zero.

Explanation:

Marginal value is a concept used in understanding consumer choices and can be defined as the incremental value derived from consuming an additional unit of a product or service. Jenica's marginal value has fallen to zero since she does not derive any more value from consuming an additional bite of the remaining or uneaten portion of food.

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The first thing required in such case is to first analyze the existing resources available to them to begin the production process. One factor to be considered is water availability. Do they have the available amount of water for irrigation purposes or for other purposes in the production process. Do they have available land area that can feed a growing population. They need to also check if they have adequate manpower and mechanization to engage in such large-scale production of corn.

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fredd [130]

Answer:

The correct answer is C

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