*24. Consider two Italian restaurants located in identical towns 200 miles apart. The restaurants are identical in...
Question:
*24. Consider two Italian restaurants located in identical towns 200 miles apart. The restaurants are identical in every respect but their tipping policies. At one, there is a flat $15 service charge, but no other tips are accepted. At the other, a 15 percent tip is added to the bill. The average food bill at the first restaurant, exclusive of the service charge, is $100.
How, if at all, do you expect the amount of food eaten in the two restaurants to differ?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: