Risky and Most restaurant - 20361

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  • From: Business,
  • Posted on: Sun 28 Jul, 2013
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Lenders perceive that you are risky


Lenders perceive that you are risky, so you must pay 12 percent annual interest to borrow from one of them. You only receive 6 percent on funds you have deposited in the bank. Do the opportunity costs of borrowing and using your own funds differ in this example?


Most restaurant customers tip according to a percentage rule-between 15 and 25 percent of the bill. Diners who have dinner and a $20 bottle of wine usually pay the same percentage of the bottle price as diners who order a $100 bottle. Why, when the same efforts must be made to uncork and pour both bottles?



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Risky and Most restaurant.docx
Risky and Most ...