Fixed and variable costs at fast food restaurant

Assignment Help Business Economics
Reference no: EM136432

Q. You are the owner of a fast food restaurant. Given a new item that you recently advertised, you experience additional demand for your business that you do not want to ignore. Identify your fixed and variable costs at your fast food restaurant, and explain the changes to each of these costs, given the increased demand. Using the fast food restaurant context in the first part of this discussion, state two methods that take advantage of the increased demand while minimizing costs. Explain two (2) advantages and disadvantages for each method that you have chosen. Provide support for your response.

Reference no: EM136432

Questions Cloud

The capillaries is less than the blood pressure gradient : Why can prakaryotes quickly re infect a patient if they are not wiped out? How may this result in the evolution of drug resistant pathogens.
Subgame perfect equilibria of the variant of the game : Find the subgame perfect equilibria of the variant of the game in which the post-entry competition is a game in which each firm chooses a price, rather than an output.
What should i do to treat it naturally : What is the difference between lactococcus lactis and staphylococcus epidermis? I am doing a lab and I've found out that my bacteria are gram positive cocci that ferment lactose and mannitol. I have it narrowed down to lactococcs lactis and staphyloc..
Sharp decline in oil prices : Explain why sharp decline in oil prices might not necessarily have positive or negative impact.
Fixed and variable costs at fast food restaurant : Identify your fixed and variable costs at your fast food restaurant, and explain the changes to each of these costs, given the increased demand.
What is the good range for a heartbeat stroke work : What is the most possible explanation for how these proteins find their way to the mitochondria. What is the good range for a heartbeat stroke work in an anaesthetised sheep? Before and after the venous administration of adrenaline.
Lowest price firm and the highest price firm : Consumers buy from the lowest price firm, and the highest price firm sells nothing. If the firms pick the same price, they split the market demand equally.
What is the genus of bacteria : You are conducting field work and discover two groups of squirrels living on opposite sides of a lake. How would you plan a study to find out whether these two groups belong to the same species.
What phenotypes would you expect in the f2 : What phenotypes would you expect in the F2, and in what actual numbers (not ratios) would you be expecting to find them. Describe the process of speciation. Comprise in the discussion the factors that can contribute to the maintenance of genetic isol..

Reviews

Write a Review

Business Economics Questions & Answers

  Profits associated with polluting for friedman

Profits associated with polluting for Friedman Inc. are π = 40Q - 2Q2, where Q = pollution emitted (in tons), and profits are measured in dollars.

  Elucidate impossible trinity refers to which idea

The impossible trinity refers to the idea that a country can simultaneously pursue only two of the three following policies: free international-capital flows, monetary policy for domestic stabilization, and a fixed exchange rate.

  Social optimum quantity and price

What is the social optimum quantity and price. Calculate the total surplus in the market equilibrium, at the social optimum and with the tax.

  Explain mustard and mayonnaise are substitutes

Mustard and mayonnaise are substitutes. Mustard and relish are complements. Mustard is a normal good. During the summer, about 50% of all mustard was recalled by manufacturers and removed from store shelves.

  Government spending to achieve this goal

The government wants to increase real GDP demanded to $15 trillion at the given price level

  Semiconductor chips are used to store information

Semiconductor chips are used to store information in electronic products, such as personal computers. One of the early leaders in the production of these chips was Texas Instruments (TI).

  Calculate gross national product and net national product

Calculate gross national product and net national product

  Problem on generation of solar energy is sunlight

Suppose that the only input used in the generation of solar energy is sunlight

  Dependency theory characterizes countries

Dependency theory characterizes countries as being either in the center or on the periphery

  Costs of transportation

Suppose that there is a unit mass of consumers who are uniformly distributed on the segment[0,1]. Two firms are located on the line and sell identical products.

  Drawback of using a nominal anchor

What, how and for who apply to the following the economic decision. Should the company makes its own spare parts or buy them from an outside vendor.

  Rationale of the reagan administration

Compare the rationale of the Reagan administration for the 1981 tax reductions with the rationale behind the Kennedy-Johnson tax cut of 1964

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd