N the models that describe population growth, r stands for ____

What segment of the foodservice industry is characterized by limited menus, fast service, and modest prices?

Nana76 [90]

The segment of the food service industry is characterized by limited menus, fast service, and modest prices in Quick-service restaurants.

<h3>What is meant by the food service industry?</h3>

Any business that serves meals to customers outside of their homes falls under the umbrella of the food service industry. This comprises eating establishments, takeout businesses, cafeterias, university dining halls, catering and vending businesses, inns, and motels, as well as rehabilitation and retirement facilities.

An essential component of the American economy is the food service sector. These businesses depend on food service managers (FSMs) to manage expenses, maintain client satisfaction, and guarantee efficient operations on a daily basis.

Commercial food service operations' major objectives are to serve customers food and drinks for a profit and produce satisfying guest experiences. Fast-food and full-service restaurants, pubs and nightclubs, catering and banquet facilities, and outlets for recreation and leisure are among these businesses.

Quick-service restaurants are a subset of the food service sector that are distinguished by small menus, quick service, and affordable rates.

To learn more about food service industry refer to:

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4 0

2 years ago

Suppose that technological advancements stimulate $20 billion in additional investment spending. If the MPC = 0.6, how much will

Leya [2.2K]

Answer:

$50 billion

Explanation:

The net effect on aggregate demand of the additional investment spending will be derived by multiplying the increased spending by the Multiplier.

$Multiplier = \frac{1}{1-MPC} = \frac{1}{MPS}$

Where MPC is the marginal propensity to consumer, and

MPS, the marginal propensity to save.

Therefore the multiplier = $\frac{1}{1-0.6} =\frac{1}{0.4}$ = 2.5

Accordingly, the increase in aggregate demand as a result of the increase in the investment

= 2.5 * $20 billion

= $50 billion

7 0

3 years ago

MC Qu. 17 Tower Company planned to produce 3,000 units... Tower Company planned to produce 3,000 units of its single product, Ti

zmey [24]

Answer:

From the list of options, Option A is the only correct one:

"the actual usage of materials was less than the standard allowed".

Explanation:

<em>Material usage variance</em>

A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite.

<em>Material price variance</em>

A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favorable variance is recorded where the actual total cost of materials is lower that the standard cost. While an adverse variance implies the opposite.

From the list of options, Option A is the only correct one

3 0

3 years ago

1. Economic systems An economic system consists of a set of institutional arrangements and a method of coordinating economic act

Marta_Voda [28]

Answer:

The independent decisions of individuals in the marketplace determine the answers to the fundamental economic questions.

Explanation:

The study of Economic Science allows us to understand the fundamental premises that govern the functioning of market economies. A market economy operates freely - the decisions of the economic agents are independent - which leads us to understand determining questions, such as how much to produce and how much to employ.

A market economy operates under the logic of the interaction between supply and demand of goods and services, so that companies act in a system of competition, via prices, for market share. Thus, consumers benefit from competition and the role of government is only to ensure the right environment for economic transactions.

3 0

3 years ago

Data concerning Pony Corporation's single product appear below: Per Unit Percent of Sales Selling price $ 200 100 % Variable exp

Luda [366]

Answer:

$18,000

Explanation:

The computation of overall effect on the company's monthly net operating income is shown below:-

Current Proposed

Sales $800,000 $837,000

(200 × 4000) (200 - 14) × (4,000 + 500)

Variable expenses $160,000 $180,000

(40 × 4000) (40 × (4,000 + 500))

Contribution margin $640,000 $657,000

Fixed expenses $531000 $566,000

($531,000 + $35,000)

Net operating

income $109,000 $91,000

Decrease in net operating income = Current - Proposed

= $109,000 - $91,000

= $18,000

So, for computing the overall effect on the company's monthly net operating income we simply applied the above formula.

8 0

3 years ago

N the models that describe population growth, r stands for _____