Which Item Is a Tangible Output for a Guest at a Bed

question 1

Multiple Choice

Which item is a tangible output for a guest at a bed and breakfast?

• A) Questions answered about local attractions
• B) Full breakfast in the morning
• C) Use of a room
• D) Camaraderie with fellow guests

---

Definitions:

Marginal Utility

The additional satisfaction or benefit (utility) that a consumer derives from buying an additional unit of a commodity or service.

Total Utility

The complete satisfaction or pleasure a consumer obtains from consuming a given quantity of goods or services.

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, reflecting their preferences for certain combinations of goods.

Budget Constraint

Constraints on the assortments of products and services available for purchase by a consumer, determined by their financial resources and market prices.