While waiting in line to buy two tacos at 80 cents each and a medium drink for 90 cents, Jordan notices that the restaurant has a value meal containing three tacos and a medium drink all for $3. Jordan should purchase the value meal if

Question

Quizplus · Accepted Answer

Jordan's total cost of buying two tacos and a medium drink is $2.50 (2 tacos at 80 cents each plus 1 drink at 90 cents). The value meal of three tacos and a drink costs $3, which would save Jordan 50 cents compared to buying them separately. Therefore, Jordan should purchase the value meal as long as the marginal benefit of the third taco is greater than 50 cents. Therefore, option B is the correct answer.

While Waiting in Line to Buy Two Tacos at 80