When a Restaurant Stays Open for Lunch Service Even Though

question 31

Multiple Choice

When a restaurant stays open for lunch service even though few customers patronize the restaurant for lunch,which of the following principles is (are) best demonstrated? (i) Fixed costs are sunk in the short run.
(ii) In the short run,only fixed costs are important to the decision to stay open for lunch.
(iii) If revenue exceeds variable cost,the restaurant owner is making a profitable strategic decision to remain open for lunch.

• A)(i) and (ii) only
• B)(ii) and (iii) only
• C)(i) and (iii) only
• D)All are demonstrated.

Grasp the idea of "third wave" in psychotherapy and its evolution from previous approaches.

Recognize the effectiveness of ACT based on research findings.

Distinguish between various third-wave therapies and their target priorities in treatment.

Understand the role of cultural and subjective factors in human behavior and perception.

---

Definitions:

Appetite

A natural desire to satisfy a bodily need, especially for food, influenced by psychological and physiological mechanisms.

Mood Regulation

Mood regulation refers to the processes by which individuals influence their own emotional states, aiming to maintain a stable mood or to adjust it in response to their perceived emotional needs.

Gateway Drug

A substance that, when used, may lead to the use of more harmful drugs.

Marijuana

A psychoactive drug from the Cannabis plant used for medical or recreational purposes, known for containing THC among other cannabinoids.