Suppose a customer at a restaurant is deciding whether or not to order dessert. Marginal thinking means that the customer should compare: Group of answer choices the additional benefit from the dessert with the additional cost of the dessert. the total benefit from the entire meal and dessert with the additional cost of the dessert. the total benefit from the entire meal and dessert with the total cost of the meal and dessert. the marginal benefit from the meal with the marginal cost of the dessert. PreviousNext

Answers

Answer 1

Answer:

the additional benefit from the dessert with the additional cost of the dessert.

Explanation:

According to economics, everyone should act by comparing the marginal benefits obtained by purchasing a good or service vs the marginal cost of obtaining this good or service.

In this case, the customer places a certain value on the utility received from consuming dessert, and if that value is equal or higher to the cost of the dessert, then the consumer will order and eat it. If the perceived value of the benefits received form consuming the dessert are lower than the cost of the dessert, then the consumer will not order it.


Related Questions

how did simon cowell get famous

Answers

Answer:

After some success in the 1980s and 1990s as a record producer, talent scout and consultant in the UK music industry, Cowell came to public prominence in 2001 as a judge on Pop Idol, a show which he and its creator Simon Fuller successfully pitched to ITV Controller of Entertainment Claudia Rosencrantz.

Explanation:

answer =

worked as a record producer, talent scout & consultant within UK music industry

before producing the hit British TV show Pop Idol and it’s U.S counterpart, American Idol -

Cowell’s scathing comments were famous during his nine seasons as a judge on American Idol

He has success the year of 1980s & 1990s - he came to the Public prominence in 2001 asa huge on Pop Idol / A show which he and its creator Simon Fuller successfully pitched to ITV controller of Entertainment Claudia Rosencratz .

how do u mark brainlist pls? hurry

Answers

Answer:

after two or more people answer there will be a crown next to the report button

Explanation:

Erik's job is to negotiate the best price for his client, a retaller that sells high-end shoes. He approaches a shoe manufacturer with whom the retailer wants to carry out business. He tells the manufacturers that his client is willing to purchase 10 pairs of shoes of every size if they lower their price by 10 percent. What kind of intermediary is Erik?
A. distributor
B. consumer
C. wholesaler
D. broker

Answers

Answer:

D. broker

Explanation:

A broker is a person or a firm who organizes or arranges for financial transactions between two parties or more. A broker is an intermediary because they connect a willing seller to a willing buyer for a commission. Brokers do not take ownership of the products being transacted. They only create a link between buyers and sellers.

Erick is a broker. He acts on behalf of the retailer and connects them to the manufacturer.

Define technological literacy.

Answers

Answer:

Technology Literacy is the ability to safely, responsibly, creatively, and effectively use appropriate technology to: communicate; access, collect, manage, integrate, and evaluate information;

Explanation:

Use technology to meet personal needs, interests, and learning styles.

Answer:

Technology literacy is the capacity to use suitable technology in a safe, responsible, creative, and effective manner to communicate, access, collect, manage, integrate, and evaluate information.

Explanation:

The map shows rainfall amounts in the United States. A map of the United States shows where rain is currently falling and how heavy the rain is falling. Which presentation would most likely include this map? one that seeks to identify areas across the US that are prone to flooding one that analyzes global warming effects on the climate of the US one that seeks to show the many lakes and rivers in the US one that illustrates boundary lines between the states in the US

Answers

Answer:

answer c

Explanation:took the quiz

Answer:

a

Explanation:

What are some of the similarities and differences between the CTSOs of HOSA and Educators Rising? Please describe what makes these two organizations differ from each other.

Answers

Answer:

Similarities and differences between  CTSOs of HOSA and Educators Rising are in Educators Rising you work with children and HOSA is for people who are interested in health science. Another difference is and a similarity is that neither are clubs but EdRising is an organization and HOSA is a tool.

Explanation:

A florist designs two high-profit arrangements— a funeral wreath and a bridal centerpiece. The company’s employees can complete up to 18 arrangements each day using up to 24 total person-hours of labor. It takes 4 person-hours to complete 1 funeral wreath, and 1 person-hour to complete 1 bridal centerpiece. How many of each type of arrangements should the florist produce daily for maximum profit, if the profit on a funeral wreath is $75and the profit on a bridal centerpiece is $40?

Answers

Solution :

Given

P = 75 x + 40 y

The constraints are

[tex]$x+y \leq 18$[/tex] .........(i) and          

[tex]$4x+y \leq 24$[/tex] .......(ii)

Solving (i) and (ii), we get

x = 2 and y = 16

Now

[tex]$x+y \leq 18$[/tex]   (total arrangement less than equal to 18)

[tex]$4x+y \leq 24$[/tex]   (total person hours less than equal to 24)

Maximum profit = 75 (2) + 40(16)

                          = 790

From the graph, the point of intersection and points that is plotted in between numbers between the 10 units on x-axis and y-axis are used in the graph.

So,

[tex]$x+y \leq 18$[/tex]  became [tex]$x+y \geq 18$[/tex]

[tex]$4x+y \leq 24$[/tex]   became  [tex]$4x+y \geq 24$[/tex]

[tex]$x \geq 0$[/tex]   became  [tex]$x \leq 0$[/tex]

[tex]$y \geq 0$[/tex]  became  [tex]$y \leq 0$[/tex]

So now the profit at point (0, 18) = 75(0)+40(18) = 720

Profit at point (6,0) = 75(6)+40(0) = 450

Profit at intersection point (2,16) = 75(2)+40(16)

                                                     = 150 + 640

                                                     = 790

Maximum profit = 790

So maximum profit is attained when 2 wreath are built and sold and 18 center pieces are built and sold.      

Describe the differences and similarities surrounding the circumstances that caused the financial crisis during the 1980s and the crisis of 2007.

Answers

Answer:

The financial crisis that began in the 1980s was the result of lax government regulations and management fraud that led to the closure of more than 1,000 savings and loans. The 2007 crisis was the result of risky mortgage loans and investments connected with those loans. In each case the situation resulted in borrowers’ inability to pay back loans and caused many to lose their homes due to foreclosure.

Explanation: Took the practice test on edge and this was the sample response. ^-^

Increased unemployment, loss of income and increased risk have been among the major social impacts of the crisis.

What do you mean by financial crisis?

A financial crisis is when financial instruments and assets fall sharply in value.

In the 1980s, The financial crisis that occurred was the result of government regulations and administrative fraud that resulted in the closure of savings and more than a thousand loans.

The crisis of 2007 was the result of risky home loans and investments related to those loans.

Thus,these are the differences and similarities of the financial crisis during the 1980s and the crisis of 2007.

Learn more about Financial crisis here:

https://brainly.com/question/25664180

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