1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Karo-lina-s [1.5K]
2 years ago
7

The owner of an Italian restaurant has just been notified by her landlord that the monthly lease on the building in which the re

staurant operates will increase by 20% at the beginning of the year. Her current prices are competitive with nearby restaurants of similar quality. However, she is now considering raising her prices by 20 percent to offset the increase in her monthly rent. Would you recommend that she raise prices?
Business
1 answer:
Irina18 [472]2 years ago
7 0

Answer:

No

Explanation:

In a competitive market, price should be a function of variable/marginal costs not fixed costs.

You might be interested in
For high levels of quantity supplied where firms have reached near maximum capacity, supply becomes less elastic because firms m
Alex787 [66]
The answer is that the given statement is True.
When firm has achieved greatest creation limit, firm should make extra speculation to extend generation plants and to accomplish this , firm should build the costs of the item which will influence the supply versatility.
5 0
3 years ago
Read 2 more answers
Suppose the exchange rate is 10 pesos per dollar and you use $1000 to purchase a one-year mexican bond that pays 10% interest. N
Iteru [2.4K]

The amount of money I would have in US dollars would be $1,000

<h3>How much would I have in US dollars?</h3>

The first step is to convert dollars to pesos:

$1000 x 10 = 10,000 pesos

The second step is to determine the value of the investment in a year's time: (1.10) x 10,000 = 11,000 pesos

Now, convert pesos to dollars : 11,000 / 11 = $1,000

To learn more about exchange rate, please check : brainly.com/question/25780725

#SPJ1

6 0
2 years ago
Lyman’s business has grown to 400 employees with annual revenues of $15 million. He would like to expand further but needs anoth
muminat
There are options available for Lyman :

Either he
- Sell his equity to his investors, ( which mean that he have to give away a percentage of his company)
- Or he can get some Loans

I he should consider Loans, because his annual revenues already way higher than the amount of loans that he need, he could easily paid it off
7 0
2 years ago
If your lifestyle budget is $50,000 a year, selecting a career earning $75,000 will most likely allow you to meet your lifestyle
Aleks [24]
This question is a True statement
7 0
3 years ago
Read 2 more answers
Lane is considering a career as a public relations specialist in which he
Stels [109]

Answer:

0.73 or 73%

Explanation:

Return on investment (ROI) shows the benefit an investor receives in relation to their invested amount. It is expressed as a ratio or a percentage of the net income against the investment's cost.

It is calculated using the formula below.

ROI = returns( profits)/ cost of investments.

For Lena, the cost of investment is $52,000( cost of the degree). The returns for one are the earnings in the year, which is $38,000.

ROI= $38,000/ $52,000

ROI =0.73 or 73%

3 0
2 years ago
Other questions:
  • Assuming a normal upward-sloping supply curve and a normal downward-sloping demand curve, if the government imposes a $5 excise
    6·1 answer
  • The commercial for-profit segment of the food-service industry is very narrow t or f
    9·1 answer
  • In the ____ stage of selecting information technology projects, organizations define project scope, benefits, and constraints. a
    13·1 answer
  • A U.S. trade policy that restricts the sale of foreign goods in the U.S. market will a. reduce the demand for U.S. export goods
    13·1 answer
  • Orion company sells several products. information of average revenue and costs is as follows: selling price per unit $23 variabl
    8·1 answer
  • Why might the revenue and cost figures shown on a standard income statement not represent the actual cash inflows and outflows t
    8·1 answer
  • Auctio sells sprockets in a perfectly competitive market. Below are its short-run total variable costs at different output level
    6·1 answer
  • Parking costs are incurred regardless of how well an event does.
    12·1 answer
  • Hinkle Corporation buys on terms of 2/15, net 60 days. It does not take discounts, and it typically pays on time, 60 days after
    15·1 answer
  • Who wants free coins!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!