Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / Fancyfoods restaurant decided to introduce an all-you-can eat buffet on Tuesdays and Wedne...

Fancyfoods restaurant decided to introduce an all-you-can eat buffet on Tuesdays and Wednesdays to increase business.They found that they acquired a whole new set of customers,most of whom are very

Fancyfoods restaurant decided to introduce an all-you-can eat buffet on Tuesdays and Wednesdays to increase business.They found that they acquired a whole new set of customers,most of whom are very big eaters.After a time,they increased the price of buffet.Fancyfoods suffered from the problem of :

A.Excessively high cost

B. Adverse selection

C.The law of demand

D.The principlal of agent problem.

Aug 23 2021 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions