After Paying $12 to Enter an All-You-Can-Eat Buffet, You Can

question 135

Multiple Choice

After paying $12 to enter an all-you-can-eat buffet, you can eat as much food as you desire. The marginal cost of an additional plate of food is:

• A) the benefit you will get from consuming the food.
• B) $12 minus the time it takes you to eat the food.
• C) zero dollars.
• D) a sunk cost, and therefore irrelevant.

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