subject
Business, 23.01.2020 20:31 kelseychristian24

One way to promote a new business is to offer free items. if jayleen were to open a restaurant and offer free food, she likely would have a line out the door. how would an economist understand the behavior of those standing in line?
a. those waiting in line place a high value on the use of their time.
b. those waiting in line believe that the marginal cost of waiting in line exceeds the marginal benefit of waiting in line.
c. those waiting in line place a low value on the use of their time.
d. those waiting in line believe that the marginal cost of waiting in line is zero.
e. those waiting in line believe that the marginal benefit of waiting in line is zero.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
Answers: 2
question
Business, 22.06.2019 20:10
Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken
Answers: 2
question
Business, 23.06.2019 00:30
Oimpermeable peaeiremblm: a garment you put on when it's raining. eddepnieent: a sales person. rrgteeaa: to negotiate the price of an article. jcaa: a box where the sales person keeps the money of his/her sales. rbatoa: something inexpensive. zalu: the color of the sky. gfolasdaes (3 words): an object that protects your eyes from the sun.
Answers: 2
question
Business, 23.06.2019 00:50
Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?
Answers: 3
You know the right answer?
One way to promote a new business is to offer free items. if jayleen were to open a restaurant and o...
Questions
question
Biology, 10.10.2019 23:40
question
Computers and Technology, 10.10.2019 23:40
question
Mathematics, 10.10.2019 23:40
Questions on the website: 13722367