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The All-You-Can-Eat Option The restaurant offers Raphael the choice of paying $18 to enter for an All-You-Can-Eat buffet, where each slice is then $0. Slice
The All-You-Can-Eat Option The restaurant offers Raphael the choice of paying $18 to enter for an "All-You-Can-Eat" buffet, where each slice is then $0. Slice Marginal Benefit |Marginal Cost |Total Benefit Total Cost |Net Benefit $9 $0 $18 N $5 $0 $18 -$4 $2.75 $0 $16.75 $2.25 $0 OT $1.52 $0 6 $1.48 $0 $.50 $0 8 $-0.75 $0 8. How many slices of pizza will Raphael choose to eat at the All-You-Can-Eat buffet? Slices 9. How much net benefit will Raphael enjoy from his trip to the All-You-Can-Eat pizza buffet? $ 10. How much is the maximum amount of money that Raphael would have been willing to pay (including the entry fee) to consume the number of slices from question #8, without being made worse off? In other words, what is the maximum entry fee that could be charged that Raphael would still be willing to go to the buffet? $
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