Question

Question 2 Mrs. Marple visits Sackville for the first time. She is in the mood for a high-quality dinner and wanders through downtown looking for a restaurant. After narrowing her search to two establishments, she ultimately selects the restaurant with the higher prices. What might account for her behavior? Question 3 In the last decade or so there has been a dramatic expansion of small retail convenience stores in New Brunswick (such as Kwik Way Needs Friendshin Boat Club Mac

Answer 1

Answer 2 - The given condition if of the other than price factor . Here the nature of the good is the luxury good in which the law of demand will not work. It comes under taste and preference. As per the law of demand , the restaurant of lower price should have been chosen. But the taste and preference of the consumer gives preference to the high quality which is other than price factor and thus , reataurant with higher price was chosen.