Business, 08.07.2019 00:30 bnvghnbbb

20 points. ill report random answers. explain, brainliest what is the following scenario an example of? tom often calls 911 from the drive-through lane of a fast food restaurant if his order comes out wrong. a. public choice theory b. utility theory c. moral hazard d. law of diminishing marginal utility

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Alright, well this is simple

Well, Tom has an issue. Fast food people give him extra mustard, he dials 911. I'm sure the police hate Tom by now, but anyways, let's move on to the actual question.

So, you have four choices:

Public Choice Theory: The use of economic tools to deal with traditional problems of political science.

Utility Theory: A theory used in economics that means that an item or services utility is a measure of satisfaction that the consumer will derive from the consumption of that good or service.

Moral Hazard: A risk that the presence of a contract will affect the behavior of one or more parties. Usually used for official deals, like insurance.

Law of Diminishing Marginal Utility: The law stating that as a person consumes more and more units of a product, past a certain point the perceived benefit from consumption will decrease with each successive unit. Basically, this means the more a person does something, or consumes something, the less they like it. Like if you eat pizza too much, and suddenly get sick of pizza. That's the Law of DMU.

So, let's see how this fits. Tom calls 911 every time the drive through messes up his order, right? Well, it sounds like he get's pretty mad whenever it doesn't come out right.

Now, you can rule out A. This isn't anything to do with Political. You can also rule out C. This has nothing to do with a contract either. Now, I believe your answer is either B or D. If he calls 911 every time they get it wrong, it sounds like either he's getting sick of the product (D) or he's just not satisfied with the product (B) and thus the products value goes down.

So, while I'm leaning more towards B, it could also be D.

~Hope this helps M8

Answer from: Quest

The answer may be c ..

Answer from: Quest

Domain is example and subdomain is www.

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20 points. ill report random answers. explain, brainliest what is the following scenario an example...

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