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

question 177

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 being served
• B) Marginal cost of waiting is greater than the marginal benefit of being served
• C) Management is exhibiting irrational behavior by not maximizing profits
• D) Management is making an assumption that other things are equal

---

Definitions:

Physical Development

refers to changes in the body's structure, functions, and capabilities throughout the lifespan, including growth and motor skills enhancement.

Listening

The active process of receiving, interpreting, and responding to verbal and nonverbal messages.

Passive Learners

Individuals who learn primarily through receiving information without actively engaging or interacting with the material.

Direct Instruction

A teaching method that is structured, sequenced, and led by teachers, focusing on clear, explicit instruction of academic skills.