Cici's Pizza Most pizza restaurants charge by the pie or by the slice. Cici's has found a niche by charging a flat rate for the meal and allowing as many visits to the pizza buffet as the customer desires. How does this affect the make-up of its clientele?
Cici's pricing scheme is particularly attractive for patrons who know they will be eating a lot of pizza and not so attractive to patrons who eat sparingly. As a consequence the population that selects into patronizing Cici's tends to include many larger men or teenagers who come after a sporting event.
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- Why are free samples and the sale of small packages of cigarettes banned by this rule?
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Since the minimum food budget used to determine the poverty line is not adjusted for changes in the standard of living, it is, in principle:
A. a relative measure of poverty. B. an optimal measure of poverty. C. an inaccurate measure of poverty. D. an absolute measure of poverty.
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A. all other things remaining constant or equal. B. value-free and testable. C. the greatest good for all. D. the study of scarcity and choice.