Newspaper Vending Machines Are Often Built So That Customers Can

question 236

Multiple Choice

Newspaper vending machines are often built so that customers can pay to lift a door and take a paper off a pile of daily newspapers. Newspaper distributors are NOT concerned about customers taking the whole stack of papers because

• A) the total utility of a daily newspaper is zero.
• B) the marginal utility of any one daily newspaper is zero.
• C) the marginal utility of a second daily newspaper is zero.
• D) the price of a daily newspaper is relatively low.

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Definitions:

Fruit Vendor

A person or entity that sells fruits, often at outdoor markets or roadside stands.

Monetary Amount

The numerical value or sum of money expressed in a currency.

Nearest Cent

Rounding an amount to the closest cent, where amounts under half a cent are rounded down and half a cent or over are rounded up.

Salesperson Drives

Activities or motivations that propel a salesperson to achieve sales targets or perform sales activities.