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Business, 21.01.2020 19:31 jose55221

Arestaurant offers an "all you can eat" lunch buffet for $12. jim has eaten three servings and is trying to decide whether or not to go back for a fourth. the economic way of thinking suggests that jim should go backfor the fourth serving if and only if:
a. his marginal benefit of the additional serving is greater than zero.
b. his marginal benefit of the additional serving is at least $3.
c. his marginal benefit of the additional serving is $12 or more.
d. his total value from the meal exceeds $12.

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