An owner of a new restaurant wants to locate near a college campus. Her new Veggie Burger restaurant can locate within 1 mile of campus or more cheaply 2 miles from the campus. But at 2 miles from campus, the restaurant may draw fewer customers. Which of the following behaviors relates best to aspects of the restaurant owner's decision, weighing the cost of the location, the distance from customers, and the profitability of the business?

Question

Quizplus · Accepted Answer

The optimal foraging model best relates to the restaurant owner's decision as it involves weighing the costs and benefits (in this case, the cost of location and potential customer base) to achieve the most profitable outcome.

An Owner of a New Restaurant Wants to Locate near a College