Practice Problems for Thursday 9/30

There are 10 restaurants nearby that you typically order dinner from via UberEats. They differ on prices, food quality and spiciness.

a)Using the multiattribute model, how is it rational for you to order from more than one of these establishments?

b)Some of the restaurants are local firms (not chains) and currently UberEats has a no delivery fee deal with local firms. Explain how this might change your behavior.

c) Three of the restaurants decide to not use UberEats because they believe the fees they charge the restaurant are too high. Explain how this might change your behavior.

d) An article shows up on your news feed that identifies two of the restaurants as having almost failed their local food safety inspection. Explain how this might change your behavior.

Hi Please refer to the Multiattribute model in the microeconomics subject