« previous next »

Author Question: Restaurants catering to both a lunch and dinner trade are likely to mark their prices up above the ... (Read 69 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
on: Jun 29, 2018
Restaurants catering to both a lunch and dinner trade are likely to mark their prices up above the cost of the food more for dinner than for lunch because
 
  A) the demand is greater at dinner.
  B) the demand is less at dinner.
  C) the demand is less elastic at dinner.
  D) the demand is more elastic at dinner.

Question 2

The term externalities refers to
 
  A) consequences of action not taken into account in making decisions.
  B) social interactions associated with urban-industrial economies.
  C) the superficial consequences of decisions.
  D) the visible consequences of decisions.


bulacsom

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Remove all of the spark plugs. Be sure to mark the spark plug wires so that they can be reinstalled ... Remove all of the spark plugs. Be sure to mark the spark plug wires so that they can be reinstalled ...
Pipeline markers are used to mark the location of underground pipelines containing hazardous ... Pipeline markers are used to mark the location of underground pipelines containing hazardous ...
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
Prices in Japan before and after Opening to Trade Prices in Japan before and after Opening to Trade
Production and Prices in Richland and Poorland Production and Prices in Richland and Poorland
Flexible exchange rates are supposed to prevent long-term trade deficits. Flexible exchange rates are supposed to prevent long-term trade deficits.
Video: Hydrogen bonds - role in the body

For a complete list of videos, visit our video library