Podcast
Questions and Answers
True or false: At a standard restaurant, items are priced individually and have a positive marginal cost.
True or false: At a standard restaurant, items are priced individually and have a positive marginal cost.
True
True or false: At a buffet-style restaurant, you pay a flat fee regardless of how much you eat.
True or false: At a buffet-style restaurant, you pay a flat fee regardless of how much you eat.
True
True or false: At a standard restaurant, the more you order, the more it will cost you.
True or false: At a standard restaurant, the more you order, the more it will cost you.
True
True or false: At a buffet-style restaurant, additional food items have a positive marginal cost.
True or false: At a buffet-style restaurant, additional food items have a positive marginal cost.
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True or false: At a buffet-style restaurant, you continue to eat until your marginal benefit becomes zero.
True or false: At a buffet-style restaurant, you continue to eat until your marginal benefit becomes zero.
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