Answer:
(a) $700
(b) $5.50
Explanation:
Weekly fixed costs = $6,000
Weekly Total meals = Average customers per day × No. of days
= 500 × 6
= 3,000
Fixed cost per meal = Weekly fixed costs ÷ Weekly Total meals
= $6,000 ÷ 3,000
= $2
(a) Lowest price in total = Number of customers × Variable costs for each meal
= 200 × $3.50
= $700
(b) Lowest price = Variable costs for each meal + Fixed cost per meal
= $3.50 + $2
= $5.50
Answer:
reviews from reliable sources
Explanation:
you want to make sure that what you are buying is a good make and model and that others have not had issues with the car
An american retail chain started doing business in india by forming a<u> "joint venture" </u>with one of india’s leading business groups.
A Joint Venture (JV) is a helpful endeavor went into by at least two business elements with the end goal of a particular task or different business movement. The purpose behind a joint endeavor is typically some particular task.
Joint ventures can be casual (a handshake) or formal, and they can be here and now or long haul. Regularly the joint endeavor makes a different business substance, to which the proprietors contribute resources, have value, and concede to how this element might be overseen.
In the article of the New York Times, the columnist and writer name Thomas Friedman states that globalization has leveled and showed that the competitive playing fields between the industrial and the emerging-market countries. This phenomenon became known and according to the theory "THE WORLD IS FAT". This has been published and able to reach to a lot of people who become interested in this matter.