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.

---

Definitions:

Decay

The process of gradual deterioration or the breakdown of organic matter, structures, or functions over time.

Retroactive Interference

A phenomenon where new information interferes with the ability to recall old information.

Transience

The quality or state of being transient; temporary, short-lived, or ephemeral in nature.

Neurons

Specialized cells within the nervous system that transmit information to other nerve cells, muscle, or gland cells.