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.
Correct Answer:
Verified
Q83: A high-school graduate deciding to go to
Q84: Decreasing one's driving speed when a police
Q85: A customer at a fast-food restaurant may
Q86: When deciding how much to study for
Q87: The real power of trade lies in
Q89: If the costs of staying at a
Q90: A person has a comparative advantage in
Q91: The average tax on a professor's income
Q92: What is a plausible economic explanation as
Q93: A grocery store is running a "buy-one-get-another-at-one-half-off"
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents