Examlex

Solved

If a University Cafeteria Changes from Selling Each Food Item

question 80

True/False

If a university cafeteria changes from selling each food item separately to offering all-you-can-eat meals for one low price,one would expect that the marginal utility of the last food item consumed in the cafeteria by the typical student would decrease since more food is now likely to be consumed by students who eat a meal in the cafeteria.


Definitions:

Data Entry Clerk

A job role that involves inputting, updating, or maintaining data in computer systems or databases.

Proximal Goals

Short-term objectives or targets that are set as steps towards achieving a longer-term goal.

Distal Goals

Long-term objectives that are set to be achieved in the future, often serving as the final target of a series of smaller goals.

Positive Reinforcement

A motivational technique that involves rewarding a desired behavior to encourage its repetition in the future.

Related Questions