From an Economic Perspective, When Consumers Leave a Fast-Food Restaurant

question 81

Multiple Choice

From an economic perspective, when consumers leave a fast-food restaurant because the lines to be served are too long, they have concluded that the

• A)marginal cost of waiting is less than the marginal benefit of eating in that restaurant.
• B)marginal cost of waiting is greater than the marginal benefit of eating in that restaurant.
• C)management is exhibiting irrational behavior by not considering the marginal cost and the marginal benefit of standing in line by the consumer.
• D)management is making an assumption that other things are equal.

---

Definitions:

Monoamine

A category of neurotransmitter that includes serotonin, dopamine, and norepinephrine, which play key roles in regulating mood, arousal, and cognition.

Acetylcholine

A neurotransmitter important for brain and muscle function, involved in arousal, attention, memory, and motivation.

Serotonin Antagonist

A type of drug that blocks serotonin receptors, affecting mood, appetite, and other functions.

Inhibitory Postsynaptic Potentials

Hyperpolarization of a neuron's membrane potential, making it less likely to fire an action potential.