Answer:
When customers wait longer for tables, they are more likely to pay higher prices.
Step-by-step explanation:
Supply/Demand relationships predict that changing one side will influence the other. If demand exceeds capacity, suppliers can raise prices without risk of losing products sold. In fact, total income will rise. The restaurant may raise it's price to the point that supply meets demand. In this case, the goal of the higher priced meals is to reduce wait times, not meals sold. If the meals sold are all at a higher price/meal, then income rises and wait times are reduced. What's not to like, if you own the restaurant?
There are 4 terms in the expression
Answer:
$4.95 + $3.99b = c
I can't make a graph but start at 4.95 on the graph and move up 3.99 every time you go to the right once
Answer:
94 or 95
Step-by-step explanation:
91 + 95 + 87 + 83 = 356
356/4 =89
average so far is 89
356 + 94 = 450
450/5 = 90
356 + 95 = 451
451/5= 90.2
Answer:
Percentage of one lap around the track of
the total race = 0.25%
It will take 300 laps to complete 75% of the race.
Step-by-step explanation:
1.2/480=0.0025
0.0025*100=0.25
480/100*75= 360
360/1.2=300
