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Vikentia [17]
3 years ago
8

lunch in Jamie's dorm is an all-you-can-eat buffet, served from 11 a.m. until 1 p.m. By noon, the buffet is picked over, and by

12:30, there are very few popular items left. The garbage bins, though, are full of food. If the cafeteria changed its policy so that students had to pay for each item chosen, students would: Select one: a. make the same selections as before, but eat more of what they select. b. select only the most expensive items in the buffet. c. encounter shortages earlier in the day. d. only select an item if its marginal benefit is greater than or equal to its price.
Business
1 answer:
Elena L [17]3 years ago
7 0

Answer:

d

Explanation:

A rational consumer would only consume goods for which her marginal benefit is equal or greater than the marginal cost.

Marginal benefit is the benefit derived from consuming one extra unit of a good

Marginal cost is the cost of consuming one more unit of a good

Because the buffet is all you can eat, there is no marginal cost for putting more food on your plate. Thus, students would tend to over-serve. This would lead to wastage of food.

If the policy is enacted, students would only consume goods for which their  marginal benefit is equal or greater than the marginal cost. As a result, wastages would reduce.

the items they would select would be dependent on the marginal benefit they would derive from consuming the food item

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Klio2033 [76]

Answer:

A

Explanation:

The reason is that it just makes the most sense. Therefor your answer is A) According to the objective theory of​ contracts, the intent to enter into an express or​ implied-in-fact contract is judged by the​ reasonable people standard

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4 0
3 years ago
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Olivia is working on budgeting her time between studying for school, working at a part-time job, and training for a triathlon. W
Leno4ka [110]

Answer:

Create a daily schedule and reward herself for sticking to it

Explanation:

The strategy that Olivia could use to help manage her time is to create a daily schedule and reward herself for sticking to it because she has different things to do and the best way to complete everything is to organize the time in which she is going to perform each activity and follow that plan so she will be able to have enough time. Also, if she rewards herself for following the schedule, she would be motivated to continue doing it.

7 0
3 years ago
Noland bought a fancy new smartphone. it was a different brand of phone than his old phone, so he spent quite a few frustrating
kompoz [17]
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3 0
4 years ago
your client katrina is ready to close on her new home, but when you checked yesterday, the seller still hasn't dealt with the fo
garik1379 [7]

The broker's professional services are covered under an employment contract, is the answer. The listing serves as the seller's employment contract with the broker.

An action that would the otherwise be taken or not taken would be affected by a material fact, according to a reasonable person. As the seller doesn't have to worry about employment the bank will approve your loan, the Sam Heskel, president of Nadlan Valuation, an appraisal management company in broker, New York, believes that a cash offer is typically more alluring than a finance offer. The buyer's agent is an employee of one the firm.

To learn more about broker, click here.

brainly.com/question/14094023

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3 0
1 year ago
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Ne4ueva [31]

Answer and Explanation:

The Journal entry is shown below:-

Cash Dr, $604.80 ($640 × 5.5%)

Card Expense $35.20

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(Being sale is recorded)

Here we debited the cash and expenses as assets are increasing also it increased the expenses On the other hand it also increased the sales. Also assets and expenses contains normal debit balance and the sales revenue contains normal credit balance

6 0
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