Business, 11.07.2019 19:00 lololol270

Carroll’s diner decides to hire a new waitress to out with waiting tables. the new waitress costs the diner $1700 per month. the ability for customers to be served more quickly allows the diner to make an extra $2500 than previously. how do we know that carroll's diner made a rational economic decision? voluntary exchange led to the waitress making $1700 a month. the marginal benefit of $2500 is greater than the marginal cost of $1700 for the new waitress. specialization led to the diner making $2500. none of these; scarcity of resources does not allow for rational decisions to ever be made.

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Carroll’s diner decides to hire a new waitress to out with waiting tables. the new waitress costs t...