Business, 22.05.2020 05:03 MarlonJ02

The meal plan at University A lets students eat as much as they like for a fixed fee of €500 per semester. The average student there eats 250 kg of food per semester. University B charges students €500 for a book of meal tickets that entitles the student to eat 250 kg of food per semester. If the student eats more than 250 kg, he or she pays extra; if the student eats less, he or she gets a refund. If students are rational, at which university will average food consumption be higher?

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The meal plan at University A lets students eat as much as they like for a fixed fee of €500 per sem...