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Dima020 [189]
4 years ago
13

​Bette's Breakfast, a perfectly competitive​ eatery, sells its​ "Breakfast Special"​ (the only item on the​ menu) for​ $5.00. Th

e costs of​ waiters, cooks,​ power, food, etc. average out to​ $3.95 per​ meal; the costs of the​ lease, insurance, and other such expenses average out to​ $1.25 per meal. Bette should A. lower her output. B. close her doors immediately. C. raise her prices above the perfectly competitive level. D. continue producing in the short​ run, but plan to go out of business in the long run.

Business
1 answer:
melisa1 [442]4 years ago
6 0

Answer:

D. continue producing in the short​ run, but plan to go out of business in the long run.

Explanation:

Please see attachment.

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What are payroll taxes?
Brut [27]

Answer:

This is all the information I could find.

5 0
3 years ago
Assume December 31 is a Wednesday. Weld-Rite Company’s wages are paid every Friday, and the weekly payroll (for five days) amoun
AlexFokin [52]

Answer:

Please see explanation

Explanation:

The following journal entry shall be recorded in the accounts of Weld-Rite Company  in respect of salaries expense to be accrued as at December 31:

                                                           Debit                Credit

Salaries expense                              $3,600

(6,000/5*3)                                                                

Salaries payable                                                         $3,600

4 0
3 years ago
Finance is best defined as
IRINA_888 [86]

Answer:

the management of money and things that are worth money.

Explanation:

Finance is best defined as the management of money and things that are worth money.

7 0
3 years ago
TuckIn, a restaurant chain, has hired a market research company to help it better understand its customers and their preferences
ludmilkaskok [199]

Answer:

B. The results are objective.

Explanation:

Thei return with the information that customer demand for quality in their dinner weren't met.

When the customer order something it is a plate it likes therefore, it should not return the order. If it does then, the restaurant is not doing a good job in the quality department.

It should check now for either decrease in their quality or adapt into the customers preference change

5 0
3 years ago
Read 2 more answers
As the average hourly wage increases from $18 per hour to $20 per hour, the quantity of frozen dinners demanded decreases from 3
horrorfan [7]

Answer:

The income elasticity of demand for frozen dinners is negative when there is an increase of hourly wages. -51%

Explanation:

When the income elasticity is negative it means that the good is inferior so when the income is increased, the demand of the good decrease beacuse its demand change to a better quality good. For instance in this case a fresh meal.

income elasticity % = % change in quantity / % change in income

(((3350-3550)/3550)/((20-18)/18))*100

7 0
3 years ago
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