When goods are produced at the lowest possible cost an economy is said to have achieved?
Answer: production efficiency
Answer:
Bette's Breakfast should increase the price or change the cost´s structure.
Explanation:
Bette's Breakfast should increase the price to get any profits because the total of the cost of serving that breakfast is higher than the price.
Profit= price* sales -((Variable cost * sales) +Fixed cost)
Other option is changing the structure of cost per meal.
In 20 years you'll have $5,220.
2,000×0.08=160
2,000+(160×20)= 5,220.
