Suppose a Customer at a Restaurant Is Deciding Whether or Not

question 197

Multiple Choice

Suppose a customer at a restaurant is deciding whether or not to order dessert. Marginal thinking means that the customer should compare:

• A) the total benefit from the entire meal and dessert with the additional cost of the dessert.
• B) the total benefit from the entire meal and dessert with the total cost of the meal and dessert.
• C) the additional benefit from the dessert with the additional cost of the dessert.
• D) the marginal benefit from the meal with the marginal cost of the dessert.

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Definitions:

Effective Research

The process of systematically investigating a subject to discover or revise facts, theories, applications, etc., using rigorous methods to yield reliable results.

Locating Data

Locating data involves finding and gathering specific information needed for analysis or decision-making from various sources.

Applying Findings

The process of using the results or conclusions from research or analysis to make decisions or take action.

Persuasive Recommendations

Suggestions intended to convince others to take a particular course of action or adopt specific viewpoints.