Question Details

[solution] » A group of 30 Lincoln students are returning from LakeTahoe on a

Brief item decscription

Step-by-step solution file

Item details:

A group of 30 Lincoln students are returning from LakeTahoe on a

A group of 30 Lincoln students are returning from LakeTahoe on a ski trip.They stop offat a restaurant outside of Sacramento.This restaurant has a capacity of 800 meals per day.  It currently serves 750 meals per day.

The dailyfixed costs are $1,200 per day.The main meal is a Caesar salad that sells for $9; the unit variable cost is $5 per salad.The student leader of the bus trip offers to bring the students into the restaurant, if the total payment for

30 meals could be $180.   The restaurant owner refuses because he says that he would lose on average $0.60 per meal.

Please comment on the restaurant owner's reasoning. Is he correct?  What would you show the restaurant owner to change his mind?


About this question:

This question was answered on: Feb 21, 2020

PRICE: $24 (18.37 KB)

Buy this answer for only: $24

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free copy (Deadline assured. Flexible pricing. TurnItIn Report provided)

Pay using PayPal (No PayPal account Required) or your credit card. All your purchases are securely protected by PayPal.

Need a similar solution fast, written anew from scratch? Place your own custom order

We have top-notch tutors who can help you with your essay at a reasonable cost and then you can simply use that essay as a template to build your own arguments. This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student. New solution orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

Order Now