q12

E Test: Assignment 6 Question 12 of 39 At West, a restaurant in Vancouver, reservations are essential. At Cibo, a restaurant in downtown Vancouver, reservations are recommended. At Vij's, a restaurant near the University of British Colum Describe the method of allocating scarce table resources at these three restaurants. Why do you think restaurants don't use the market price to allocate their tables? West allocates scarce table resources by and Vij's allocates scarce table resources by J A. first-come, first-served; first-come, first-served O B. personal characteristics; personal characteristics and first-come, first-served O C. market price; market price and force O D. a command system; a combination of a command system and first-come, first-served Cibo allocates scarce table resources by _ A. personal characteristics O B. first-come, first-served O C. a combination of force and first-come, first-served O D. force The restaurants don't use market price to allocate their tables because O A. the price of a table would fluctuate hourly, customer uncertainty would deter patrons, and lower demand would bring lower profit O B. they would have to continually change the supply of tables to keep the price constant O C. they would have to watch the price of a table at other restaurants to keep competitive O D. restaurants would have to advertise the price