Business, 29.07.2019 17:10 edjiejwi

For more than 20 years, guests have been looking forward to the annual never ending pasta bowl® promotion, offering unlimited servings of pasta, sauce, and toppings in a single visit. in 2014, olive garden had an idea unlike any other in the restaurant business. what if there was a ‘season pass’ to never ending pasta bowl? a pass that let olive garden’s biggest fans and pasta lovers visit the restaurant as many times as they wished to enjoy unlimited servings of never ending pasta bowls, for one set cost? the never ending pasta pass® was born. the initial response was unprecedented. in that first year, demand for the limited release of 1,000 passes was so great it threatened to overwhelm the sales website before quickly selling out. pasta pass captivated the country then, and continues to do so every year, inspiring conversations across social media, morning news programs, late night talk shows and more. how is this practice related to diminishing marginal utility? what restrictions must olive garden impose on the customer in order to make a profit? provide some other examples of where the law of “diminishing marginal utility” would apply. now, provide feedback to your classmates on the answers they have provided. do you agree or disagree with their answers?

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 21:00

According to maslow's hierarchy of needs theory, which of the following would be an issue that requires the fulfillment of a lower order need? a)the need for a challenging project at work. b)the need for a promotion at work.c) the need to locate your business in an area with a low crime rate. d)the need for a mentor to you ascend within the company. none of the above

Answers: 3

Answer

Business, 22.06.2019 10:10

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):

Answers: 1

Answer

Business, 22.06.2019 21:20

White truffles are a very prized and rare edible fungus that grow naturally in the countryside near alba, italy. suppose that it costs $200 per day to search for white truffles. on an average day, the total number of white truffles (t) found in alba is t = 20x − x 2 , where x is the number of people searching for white truffles on that day. white truffles can be sold for $100 each. if there is no regulation, how many more people will be searching for white truffles than the socially optimal number?

Answers: 1

Answer

Business, 22.06.2019 23:20

Assume a competitive firm faces a market price of $60, a cost curve of c = 0.003q^3 + 25q + 750, and a marginal cost of curve of: mc = 0.009q^2 + 25.the firm's profit maximizing output level (to the nearest tenth) is , and the profit (to the nearest penny) at this output level is $ will cause the market supply to (shift right/shift left). this will continue until the price is equal to the minimum average cost of $

Answers: 2

Answer

You know the right answer?

For more than 20 years, guests have been looking forward to the annual never ending pasta bowl® prom...

Questions